Stop 10 West Lake waters. This reservoir reduces the once-in-a-century flood to once in 50 years.

China Net News July 16 th "Coming! 8250! 8400! 8460! ….. "At 4 o’clock in the morning of July 11th, in the central control room of Wudu Reservoir Management Center, Xu Hui, director of the dispatching department, stared at the monitoring screen-the maximum flood peak brought by the heavy rainfall in the whole basin was about to be put into storage.

The flood was fierce. With the sudden increase of the inflow, Xu Hui unconsciously put his hand on the chair of his colleague. It was not until the peak value of the flood peak displayed by the water regime monitoring system began to slowly drop from 8490 m/s that Xu Huicai released his hand and called his colleagues to report to the provincial flood control office immediately and inform the downstream relevant departments of the flood situation.

8490m3/s! This peak value is unprecedented in the measured data of Wudu reservoir dam site area, and far exceeds the measured maximum peak flow of 6230 m/s on September 2, 1978. These two sets of data surfaced in my mind, and Xu Hui had some feelings: Without Wudu Reservoir, the disasters suffered by Jiangyou, Mianyang, Santai and other cities downstream would be unimaginable.

Wudu Water Diversion Project is a large-scale backbone water conservancy project of the West-to-East Water Diversion Project in Sichuan Province, which is known as the "Second Dujiangyan". Wudu Reservoir, as its water source project, is the first controlled backbone reservoir in the upper reaches of Fujiang River, which has assumed the important functions of flood control and irrigation. Facing the severe test of the biggest flood since 1949, the Wuyin Project handed over a beautiful answer sheet-as of 6: 00 pm on July 11th, Wudu Reservoir had intercepted a total of 150 million m of floods, equivalent to intercepting the water of 10 West Lakes; The maximum interception per second is 4900 m, which is equivalent to stopping the water volume of two Olympic standard swimming pools every second.

Scientific flood regulation reduces the once-in-a-century flood to once-in-50 years

Since July 9, there have been continuous rainstorms in Mianyang City, and on July 11, major rivers such as Fujiang River have been flooded-at 8 am, the water level of Nanba Water Station of Fujiang River exceeded the warning level by 1.43 meters; At 10 o’clock in the morning, the flood peak discharge of Fujiang Bridge in Mianyang City reached 12,200 m/s, the warning water level was 1.75 m, and the guaranteed water level was 0.55 m … This was the biggest flood in Mianyang since 1949, and Wudu Reservoir played an important regulating role in intercepting this fierce flood.

"If Wudu Reservoir hadn’t cut its peak by 4,900 m/s, the flood peak flow of Minjiang Bridge in Mianyang City would have reached 17,100 m/s, exceeding the once-in-a-century flood standard." Yang Xiangqian, deputy director of Wudu Reservoir Management Center, said. The design function of Wudu Reservoir is to raise the flood control standard of Mianyang downstream from once every 50 years to once every 100 years.

It is understood that there are many rivers in Mianyang’s jurisdiction. There are only three rivers flowing through Mianyang’s urban area, namely Fujiang, Anchangjiang and Furong Creek. Among them, Furong Creek of Anchangjiang is a natural river without flood control capacity. In the upper reaches of Mianyang City, there are two main rivers, namely Pingtong River and Tongkou River, which will also transit Mianyang City after Jiangyou, Qinglian and Fujiang meet. Pingtong River and Tongkou River are also natural rivers and do not have flood regulation capacity. Before the completion of Wudu Reservoir in 2012, the Fujiang River Basin suffered heavy flood losses in 1921, 1930, 1936, 1945, 1954, 1978, 1981 and 1998. It was not until Wudu Reservoir was established that the Fujiang River Basin from Jiangyou City to Santai County had the function of flood regulation.

"If the Fujiang River Basin from Jiangyou to Santai is likened to a pool, then Anchang River, Furong River, Pingtong River and Tongkou River, as their tributaries, are like four water pipes without valves, and the amount of water in the pool is regulated by Wudu Reservoir, the only valve." Yang Xiangqian said that it depends on science to adjust this unique "valve" and reduce the once-in-a-century flood to once in 50 years.

In this flood regulation, Wudu Reservoir Management Center roughly predicted that the flood peak flow of more than 8,000 m/s will be put into the reservoir on July 11th, and immediately strengthened the monitoring of relevant water and rain conditions and data collection. According to the requirement of "always putting people’s lives and property safety first", the flood control benefit of the reservoir was fully exerted-at 9: 00 on July 10th, the flood flow entering Wudu Reservoir reached 3,340 m/. At 4 o’clock on July 11th, Wudu Reservoir ushered in the maximum flood peak of 8,490 m/s of this heavy rainfall. In order to ensure the safety of the downstream urban and rural residents, the management center adjusted the flood according to the dispatching instruction of the Provincial Flood Control Office to discharge 3,500 m/s and eliminate the peak of 4,990 m/s. As of 18 o’clock on July 11th, the inflow and outflow were 3,120 m/s and 3,400 m/s respectively.

Allocate the reservoir in advance to leave enough storage capacity for 150 million cubic meters of flood.

It takes about 10 West Lakes to hold a flood of 150 million m, which is a big challenge for Wudu Reservoir with a flood control capacity of 86 million m and a flood interception capacity of 154 million m..

After it is predicted that there will be a large amount of flood, in order to reserve enough flood storage capacity, Wudu Reservoir increased its discharge at 2500 m/s as early as 14: 00 on July 10, and gradually increased its discharge to 3500 m/s after 20: 00 on the same day. By 3: 00 on July 11th, before the flood peak of this round arrived rapidly, the management center controlled the water level of the reservoir at an elevation of 645.33m, ensuring sufficient storage capacity.

"Everyone should be impressed by the mathematical application problems of water injection and water discharge. A water tank that was originally filled with a lot of water will easily overflow if the water injection amount is greater than the water discharge amount; Our discharge must be carried out according to the dispatching instruction, which is equivalent to a relatively limited value of’ water discharge’. However, the’ water injection quantity’ of flood is uncontrollable, and once the’ water injection quantity’ exceeds the allowable range of’ water discharge quantity’, it is very dangerous. Therefore, in order to reduce the risk of uncontrollable water injection, we must lower the water level in the water tank in advance, so as to ensure safety. This time we can successfully complete the flood interception task, and it is very important to vacate the warehouse in advance. " Yang said forward.

On July 12th, according to the provincial and municipal orders, Wudu Reservoir began to lower its water level. By 8: 00 am on the 13th, the water level of the reservoir had dropped to 640 meters, freeing up 150 million cubic meters of flood control capacity, making full preparations for the next flood. "In the next step, we will conscientiously implement the requirements of the provincial and municipal dispatching meeting on July 11 and today’s meeting, and continue to strictly inspect and maintain the reservoir dam facilities and equipment to ensure that the equipment is in good working condition; Strictly on duty to ensure smooth communication information; Strictly implement the dispatch order, ensure the scientific and orderly dispatch, resolutely win the battle against flood control, and make due contributions to Mianyang flood control and disaster reduction. " Yang said forward.

Supervision in place to ensure good operation conditions of reservoir facilities and equipment 

Whether every facility and equipment in the reservoir works well or not is a major event related to the flood control safety of the reservoir. Every year after the flood season, the Operation and Dispatching Section of Wudu Reservoir will organize departmental engineers and technicians to make routine inspections of 19 flood and rain forecasting stations in the reservoir area.

"A thousand miles of embankment collapsed in the ant nest. In order to ensure the safe operation of the reservoir, we have carried out every safety responsibility. Except routine inspection before and after the flood season, all computer equipment, network communication equipment, gate control system equipment, electrical equipment, water level detection equipment, etc. should be inspected once every half month, ranging from whether an intercom is charged or not to whether the gate can be opened and closed at any time. All kinds of equipment defects and faults should be found and eliminated in time to ensure that the equipment is in a timely manner. Xu Hui said.

According to reports, during the flood interception process, due to the early inspection and maintenance work in place, all the facilities and equipment of the reservoir have not had problems, ensuring the excellent completion of the flood interception task.

Six details to see why everyone wants to see China at G20 Summit?

Recently, Bali, Indonesia has been particularly lively, and it is rare for the leaders of the world’s major economies to reunite face to face here.

  In today’s world, crises are superimposed and all countries have difficulties. Everyone’s urgency can also be seen from the intensive activities. During the G20 Summit, the participating countries arranged a number of bilateral and multilateral meetings. Communication, very frequent.

  Among them, China’s leaders are particularly busy.

  In addition to attending the G20 Summit, the Chairman of the Supreme Leader held bilateral meetings with leaders of many countries during the meeting.

  In fact, the leaders of some countries, as soon as they landed in Indonesia, said in an interview that they would meet with China.

  Why did the international community expect China’s voice so much? Master Tan found the answer from six details in the meeting.

  Let’s take a look first. In Bali, which countries’ leaders met with China:

  US President Biden

  French President Macron

  Dutch Prime Minister Rutte

  South African President Ramaphosa

  Australian Prime Minister Albanese

  South Korean President Yin Xiyue

  Senegalese President Salle

  Argentine President Fernandez

  Spanish Prime Minister Sanchez

  Indonesian President Joko

  Italian Prime Minister meloni

  The Chairman of the Supreme Leader met with many foreign leaders here.

  These countries are very representative. Geographically, it covers Europe, North America, South America, Africa, Oceania and Asia. From the distance, there are Argentina, the country farthest from China in the world, and South Korea, a neighboring country across the sea from China.

  Judging from the development stage, there are the United States, the world’s largest economy, and Senegal, one of the least developed countries in the world. Each country has different development stages and faces different problems, and they all want to talk to China.

  Why? The answer is hidden in the speech of the Chairman of the Supreme Leader at the G20 Summit.

  The common development of all countries is the real development. World prosperity and stability cannot be based on the fact that the poor get poorer and the rich get richer. Every country wants to live a good life, and modernization is not the privilege of any country. The leading countries should sincerely help other countries develop and provide more global public goods. If a big country wants to be a big country, it should make every effort for global development.

  In the face of the global economic development dilemma, if you want to break the situation, big countries have to take responsibility.

  It is not easy to take responsibility. Take this G20 Summit as an example. In order to let countries discuss the critical problems of economic recovery, Indonesian media appealed to the leaders of the participating countries before the meeting, "Please don’t just quarrel when you come to Bali", and then directly named the G7 countries including the United States.

  However, this effort was failed on the second day of the conference — — Some countries "pulled a small circle" to discuss the missile explosion in Poland, and pulled the topic to camp confrontation, which also affected the agenda of the G20 summit.

Leaders of G7 countries arranged an emergency meeting on missile explosion in Poland.

  Enlarging regional issues by intensifying ideological confrontation, but avoiding talking about the common problems of the wider international community, is the behavior of some countries.

  In contrast, China said this:

  Food and energy security are the most urgent challenges in the field of global development.

  We must resolutely oppose the politicization, instrumentalization and weaponization of food and energy issues, cancel unilateral sanctions and lift restrictions on related scientific and technological cooperation.

  Everyone knows who he is talking about. Whether it is the most serious food and energy security problem or the most prominent inflation problem in the global economy, everyone knows who is the initiator.

  China is concerned about the food crisis and has also provided a solution to this crisis.

  Just a few days ago, an international forum on "Hybrid Rice Foreign Aid and World Food Security" was held. Since 1979, China’s hybrid rice has spread to nearly 70 countries on five continents, providing a Chinese solution to the food crisis for developing countries. The rice bowl is related to development and safety.

  The world needs the attitude and voice to solve these problems.

  Many countries met with China are developed countries.

  What role should developed countries play in the current global issues? The Chairman of the Supreme Leader made it clear at the G20 Summit:

  It is necessary to curb global inflation and resolve systemic economic and financial risks, especially in developed economies, to reduce the negative spillover effect of monetary policy adjustment and stabilize debt at a sustainable level.

  Developed countries should bear great responsibility for many problems in the current world economy.

  The negative spillover effect of monetary policy adjustment in developed countries triggered the crisis, but now, developed countries are facing the situation of "getting burned".

  The inflation level of several developed countries in the G20 has mostly hit a new high in decades. In order to curb inflation, developed countries have started to raise interest rates substantially, which has triggered a global "interest rate hike".

  As a result, the world economy has fallen into the most serious economic slowdown. However, in this context, it never rains but it pours.

  The interest rate hike has caused the debt service cost of many countries to soar, which has also triggered the risk of debt crisis. The debt service burden of middle-income developing countries has been at the highest level in 30 years.

  The world economy is facing the risk of recession, and everyone is having a hard time, with developing countries bearing the brunt. Crisis superposition, the supreme leader chairman put forward China’s solution:

  IMF should speed up the process of lending special drawing rights to low-income countries. International financial institutions and commercial creditors, as the main creditors of developing countries, should participate in debt relief actions for developing countries.

  In fact, as early as the G20 Summit in 2020, a preliminary initiative to alleviate the debt dilemma of low-income countries was formed, but developed countries were not active.

  China, on the other hand, has implemented the largest amount of debt relief among G20 members, and the total amount of debt relief is the largest among G20 members, providing an important safety buffer for the global debt crisis.

  The fundamental means to solve these problems is development.

  However, developed countries have been experiencing low economic growth for many years. What these countries care about is "more cakes".

  China, on the other hand, has been making a big cake. From 2013 to 2021, the average contribution rate of China to world economic growth was 38.6%, which exceeded the sum of the contribution rates of G7 countries.

  Developed countries are not only unable to solve their own problems, but also unable to solve their own development problems.

  China, which put forward the global development initiative, has become one of the few countries that can come up with solutions to development problems. Countries trapped in development will naturally look to China.

  During the G20 summit, there was a bilateral meeting that was particularly worth talking about. That is the bilateral meeting between the leaders of China and South Korea. After three years, the leaders of China and South Korea met again.

Chinese and South Korean leaders meet

  The regular press conference of the Ministry of Foreign Affairs on the 15th also specifically explained this bilateral meeting: this is the first official meeting between the two heads of state, which is of great significance.

  South Korea is one of the few developed countries in Asia, and the topics discussed by China and South Korea are also very special. Master Tan noticed that there was such a word in the news released after the meeting — — High-tech manufacturing.

  The significance of high-tech manufacturing to the Korean economy is particularly different. Shortly before this meeting, South Korea’s Ministry of Finance issued a warning that exports, as the main driving force of South Korea’s economy, were in a downturn. Under this background, South Korea’s economic growth may slow down.

  The semiconductor industry accounts for nearly 20% of South Korea’s total exports. In July this year, South Korea’s chip exports fell by 22.7%, the first decline in the past three years.

  The most direct reason is American policy — — The Chip and Science Act of the United States wooed Korean companies to set up factories in the United States through subsidies, with the intention of "hollowing out" the Korean chip industry.

  Not only that, the United States also set up a "four-way alliance for chips", asking South Korea and other allies to follow its export restrictions to China, with the intention of forcing South Korea to decouple from China in the chip industry chain. China is the largest chip market in South Korea. According to the survey data, South Korea’s chip exports to China have increased nearly 13 times in the past 20 years.

  The United States suppressed South Korea’s chip manufacturing capacity on the one hand and stuck South Korea’s chip exports on the other. This kind of behavior of artificially cutting off the supply chain of the industrial chain has also put great pressure on the Korean economy.

  How to solve the problem of industrial chain supply chain is one of the most talked-about questions by the Chairman of the Supreme Leader on various occasions in G20. At the G20 Summit, the Chairman of the Supreme Leader said this:

  Countries should respect each other, seek common ground while reserving differences, coexist peacefully, promote the construction of an open world economy, and should not beggar their neighbors and build a "small courtyard and high wall""Engage in a closed and exclusive "small circle."

  Who is beggar-thy-neighbour? Who is building a "small courtyard high wall"? Everyone knows it. How to choose, in the face of the President of South Korea, the Chairman of the Supreme Leader made it very clear:

  Jointly safeguard the international free trade system, ensure the safety, stability and smoothness of the global industrial chain supply chain, and oppose the politicization and pan-security of economic cooperation.

  Similar expressions also appeared in the exchanges between Chinese and Dutch leaders.

  The Chairman of the Supreme Leader mentioned that China and the Netherlands should oppose the politicization of economic and trade issues and maintain the stability of the global industrial chain supply chain. Dutch Prime Minister Ruyt also expressed his willingness to expand dialogue and cooperation with China in areas such as innovation.

  The Netherlands is also an important link in the global chip industry chain — — Mask aligner giant ASML (ASML) is a Dutch company. Earlier, the United States also blocked the mask aligner deal between the Netherlands and China.

  Whether countries choose to decouple or connect, the exchange of leaders is the best response.

  The meeting between Chinese and Australian leaders at G20 was six years later.

Australian Prime Minister Albanese arrived in Bali on November 14th and was interviewed by the media at the airport.

  As soon as the plane landed, Australian Prime Minister Albanese released the idea of meeting China’s leaders to the media all over the world. Look at three sentences mentioned by Albanese to the media:

  With goodwill

  No preconditions.

  Looking forward to constructive dialogue.

  These three sentences have touched the root of the problems in China-Australia relations in recent years.

  China-Australia relations have long been at the forefront of China’s relations with developed countries. The problem appeared after Australia stopped taking the road of independent development and actively or passively joined the "small circle".

  The "Quad(Quadrilateral Security Dialogue)" mechanism of the United States, Japan, India and Australia, the trilateral security partnership between the United States, Britain and Australia, and the "2+2" talks between the United States and Australia, one after another, each has Australia. Jumping up and down around China, it is the cooperation between the two countries that suffers, and it is yourself that suffers.

  In the past two years, many Australian officials have called on China to communicate with China, but China didn’t answer the phone. This time, we finally had an opportunity to meet, and Australian officials kept releasing signals to improve relations with China before departure.

  This bilateral meeting, which Australia has been waiting for for six years, is 12 minutes longer than originally planned. China has felt the sincerity of the Australian side. During the meeting, the Chairman of the Supreme Leader said:

  China attaches importance to Australia’s recent willingness to improve and develop bilateral relations.

  Chairman of the Supreme Leader also mentioned:

  There has never been a fundamental conflict of interest between China and Australia. Some are the traditional friendship between the two peoples and the highly complementary economic structure, and some are the common demands of safeguarding the purposes and principles of the UN Charter.

  As both important countries in the Asia-Pacific region, China and Australia should improve, maintain and develop bilateral relations, which is not only in the fundamental interests of the two peoples, but also conducive to promoting peace and development in the Asia-Pacific region and the world.

  Two sentences, two meanings.

  On the first floor, China is a big market and a major trading partner of more than 140 countries and regions. At this time of global economic difficulties, everyone wants to cooperate with China precisely because of complementarity.

  The second layer, Australia, is an "important" country, but the key is whether to take the road of its own development independently to unite and cooperate, or to follow others’ footsteps to confront competition step by step.

  Just as the Chairman of the Supreme Leader quoted an Indonesian proverb: "Sugarcane grows in the same hole and citronella grows in clusters".

  Whether separatist confrontation can go on or not has been proved by practical actions in Australia.

  China has always shared the same fate and development with developing countries. Among the developing China countries that met with China, one was very special — — Senegal.

China-Serbia leaders meet

  When communicating with the Chairman of the Supreme Leader, Senegalese President Salle expressed his gratitude:

  Thank China for its valuable help to Serbia and African countries, and for being the first to publicly support the AU’s initiative to join the G20.

  The reason is that in his speech at the G20 Summit, the Chairman of the Supreme Leader proposed to the participating members:China supports the African Union’s accession to the G20.

  Senegalese President Salle is the current rotating chairman of the African Union. The African region is an unbalanced point that global governance urgently needs to break through.

  As a whole, Africa is the eighth largest economy in the world, but Africa still lacks the right to speak in the world economy. In the G20, Africa has only one representative, South Africa.

  What’s more, as one of the most vulnerable economies, countries in Africa are also the forefront of the impact of the world economic situation. At present, these countries are facing the dual dilemma of weak development foundation and repression by the United States and Western countries.

  Take Senegal itself.

  Not long ago, Senegal discovered a new oil and gas field and plans to exploit it next year — — These resources will provide new impetus for Senegal’s economic development.

  Some western media have smeared it as "a suffocating new pollution source that causes global warming".

  At the same time, at the United Nations Climate Change Conference being held this year, developed countries are still evading relevant responsibilities — — More than a decade ago, developed countries promised to provide at least $100 billion a year to help developing countries cope with climate change. Today, this fund has not been fully fulfilled.

  This year, the President of Senegal attended the G20 Summit, and part of his appeal was to hold developed countries accountable for their commitments.

  At the beginning of the meeting between China and Serbia, the consensus was that the two sides should go hand in hand on the road of development and revitalization. As a pioneer of economic transformation and upgrading in developing countries, China’s experience sharing in industrialization is a feasible and credible reference and help for Senegal.

  Seen from the framework of G20, G20 has completed self-innovation by absorbing and developing China countries.

  During the two financial crises in 1990s and 2008, G20 successively established a meeting mechanism of finance ministers and central bank governors and a summit mechanism of leaders, which included the growing emerging economies in the governance map of the global economy. In 2016, China, as the presidency, listed the "digital economy" in the G20′ s blueprint for innovative growth for the first time, giving an important plan for global economic recovery.

  As the largest developing country, China is not only providing development samples for other developing countries, but also helping them to expand their discourse space in global governance.

  The G20 Summit is coming to an end, and the Chairman of the Supreme Leader held talks with Indonesian Prime Minister Joko.

  Before the talks, the Supreme Leader and Zoco first watched the Jakarta-Bandung High-speed Railway test run together by video. This project will shorten the travel time from Jakarta to Bandung from more than three hours to 40 minutes.

The trial operation of Jakarta-Bandung High-speed Railway, which was jointly built by China and Indonesia, was a complete success.

  Because of Jakarta-Bandung High-speed Railway, Indonesia has also become the first ASEAN country with high-speed rail. The "first one" is worthy of pride, but it is also embarrassing.

  Like most developing countries and least developed countries, Indonesia has experienced western colonial rule, but the first industrialized western countries have never helped these developing countries build a modern railway.

  It’s not that the West has not helped other countries, such as Argentina. However, developing countries such as Argentina have to sell their national resources or be forced to privatize their national pillar industries when receiving assistance from western countries, and they are infiltrated and controlled by the aid countries. On the contrary, there are many lessons from the past that seriously weaken the country’s industrialization ability.

  When the "leading" developed countries can’t provide new public goods for the world, the "Belt and Road Initiative" is exactly what China provides to the world.

  Argentina, whose development was once in the forefront of the world, has now become a representative who is difficult to get out of the development dilemma. The solution that Argentina is looking for is also the "Belt and Road".

  At the G20 Summit, Argentine President Fernandez was hospitalized for health problems, but he still insisted on meeting with the Chairman of the Supreme Leader.

  Shortly before meeting with the Chairman of the Supreme Leader, he personally discussed railway and highway construction projects in several provinces of Argentina with China Railway International Group Co., Ltd.

  In cooperation with China’s Belt and Road Initiative, products from Argentina’s grain-producing areas, known as the "granary of the world", can be transported to coastal ports for export by low-cost railway, thus reviving the price advantage in international competition, which will improve Argentina’s trade structure and bring more foreign exchange income. This is a real solid step for Argentina, which has repeatedly faced sovereign debt problems, to get out of the "vicious circle" of debt default, international financing difficulties and stagnant development.

  For any country, the core concern is still development.

  China’s thinking to solve the development problem lies not only in the immediate benefits, but also in providing public goods to help other countries truly acquire long-term development capabilities.

  Next year will be the tenth anniversary of the "Belt and Road Initiative", and there will be more and more common witnesses to the world significance of China’s program.

  At the G20 Summit, the Chairman of the Supreme Leader once again asked the question of "What’s wrong with the world? What shall we do?".

  This is a problem that every country has to face in this era.

  China, has given his own answer.

  The road is wide, and it can be controlled.

  And what people want, the road can be achieved.

Quentin loves The Social Network best? Dunkirk ranked second.

1905 movie network news Recently, in an interview with the French magazine Premiere, the famous director quentin tarantino revealed that his favorite film of the decade in the "2010s" was david fincher’s.


"Put it first, because it is the best. That’s it, it crushed all competitors, "Quentin said.In fact, it is not surprising that Quentin chose "The Social Network" as the best. After all, Finch’s "The Social Network" has already won the love of many audiences with its tense characters, unique lens aesthetics and fast-crossing editing techniques. Coupled with the blessing of sorkin, who won the Oscar for Best Adapted Screenplay, and the superb acting skills of Juanxi, Garfield and Runi Mara, The Social Network has always had many loyal fans.


Although the complete list of "Top Ten in Ten Years" has not been published, Quentin said that the film directed by Nolan ranked second in his heart. This film, which presents the famous event "Dunkirk Retreat" in World War II from a unique perspective, won the awards of best editing, best mixing and best photography in the 90th Academy Awards with its nonlinear deductive style and rich group images.


Overseas Chinese and overseas students: Listening to Report to the 20th CPC National Congress is very encouraging.

CCTV News:The 20th National Congress of the Communist Party of China(CPC) opened in Beijing on 16th. Many overseas Chinese and overseas students said that they were encouraged by the report made by the Supreme Leader General Secretary, and they had a deep understanding of the development and influence of China in the past ten years.

Wang Dianqi, President of Canadian China (Friendship) Association for the Promotion of Peaceful Reunification:The wonderful and exciting Report to the 20th CPC National Congress, the General Secretary of the Supreme Leader, is the clarion call for the new journey of the Party and the country, and scientifically and clearly plans the objectives, tasks and major policies for the development of the cause of the Party and the country in the next five years or even longer.

South African Chinese Huang Yongjie:This conference is a milestone event. We overseas Chinese have personally experienced the great changes in China in the new era and ten years. China’s economic strength and international influence have been continuously enhanced. Under the leadership of the Communist Party of China (CPC), the living standards of China people have been continuously improved, which has also promoted the development of more other countries in the world and benefited the local people. We overseas Chinese also have a deep understanding of this.

Zheng Zhaoyu, a student at Century University in Malaysia:The grand occasion of The 20th National Congress of the Communist Party of China(CPC) has greatly inspired our overseas students, and the spirit of "the community of human destiny" put forward by the Supreme Leader General Secretary has also made me feel more deeply the mind and responsibility of the motherland as a responsible big country.

Zhong Lei, Chairman of the Russian Students’ Association in China:The students are sincerely proud of the historic great achievements made by the party and the country in the new era, and are more eager to return to China as soon as possible and contribute to the party and the country.

Off-road vehicle rolling grassland official: 4 people involved have been punished and 1 person is still being traced.

  Recently, some netizens released a video saying that an off-road vehicle deliberately crushed the grassland in Duolun County, Inner Mongolia. The live video shows that there are many off-road vehicles driving on the grassland and rolling rut marks.

  On August 7, Beijing Youth Daily reporter learned from Duolun County Grassland Ecological Comprehensive Law Enforcement Brigade that at present, four drivers have accepted administrative punishment, but there is still a driver involved who refuses to accept legal investigation, and the local authorities are contacting and investigating. Duolun County said that the act of wantonly crushing grasslands to destroy the ecological environment will be dealt with seriously according to law. The reporter of Beiqing Daily noticed that there are still many videos of driving to crush grasslands on the Internet. There have been cases of disputes with local herders after the team crushed grasslands.

  Four drivers who crushed grassland have been punished.

  Another person involved is still searching.

  According to the live video of many cars rolling grassland photographed by netizens, the grassland was also pressed out of rut marks after the vehicles were driving. In addition, there is a video in which a driver defies the camera and says, "Jianjun, I’m home. Are you still chasing? Do you know this car? I drove back. " Some netizens said that the driver’s reference to Jianjun was Liu Jianjun, the county magistrate of Duolun County.

  Since July 30th, Liu Jianjun, the county magistrate of Duolun County, has also released a number of videos, hoping that everyone can help provide clues for participants to go to local government departments to cooperate with the investigation. For the provocative behavior of the driver involved, Liu Jianjun also shouted on the video platform, "Please surrender yourself as soon as possible."

  On August 7, Wang Litang, deputy head of the Duolun County Grassland Ecological Comprehensive Law Enforcement Brigade, told the reporter of Beiqing Daily that the incident of crushing grassland in the video occurred at the end of July, and the incident occurred in the north of Huangqi Yingfang, belonging to the farmers’ grass pasture. According to reports, at present, four car owners involved have accepted administrative punishment and completed vegetation restoration, but there is still one car owner involved in the video provocation, and the local area is still looking for it.

  On August 6th, the Duolun county government also issued a warning through the online platform: "A car modification center, you wantonly destroyed the grassland ecology, refused to accept legal investigation, openly challenged the legal authority and touched the grassland ecological red line. Please accept legal sanctions within a time limit in accordance with the notice of Duolun Grassland Ecological Comprehensive Law Enforcement Brigade. "

  Arbitrarily rolling grasslands will be severely dealt with.

  Informants can get a thousand yuan reward.

  On August 6th, the office of Duolun County People’s Government issued a notice after the off-road vehicle crushed the grassland, saying that in view of the recent fact that the vehicles experiencing the depth of the grassland left the road to crush the grassland at will, which caused damage to the grassland ecological environment, Duolun County People’s Government would strictly enforce the People’s Republic of China (PRC) Grassland Law, the Regulations on the Protection of Basic Grassland in Inner Mongolia Autonomous Region and other laws and regulations, and severely deal with the acts of crushing the grassland at will to destroy the ecological environment according to law.

  According to the provisions of Articles 55 and 70 of the Grassland Law of People’s Republic of China (PRC) and Articles 16 and 34 of the Regulations on the Protection of Basic Grassland in Inner Mongolia Autonomous Region, non-emergency rescue and disaster relief and herdsmen’s relocation of motor vehicles leave the road to drive on grasslands and basic grasslands, or engage in geological exploration, scientific investigation and other activities. If the grassland vegetation is destroyed without prior reporting to the grassland administrative department of the local people’s government at the county level or driving on the grassland and basic grassland according to the reported driving area and driving route, the grassland administrative department of the people’s government at the county level and the grassland supervision and management institution shall order it to stop the illegal act, restore the vegetation within a time limit, and may impose a fine of not less than three times but not more than nine times the average output value in the three years before the grassland is destroyed; If losses are caused to grassland owners or users, they shall be liable for compensation according to law.

  In the future, Duolun County will investigate the behavior of arbitrarily rolling grasslands in accordance with the law and deal with it. It is hoped that tourists and the masses will consciously abide by the relevant laws and regulations on ecological environment protection, and report the behavior of randomly crushing grasslands in time. Once verified, 1000 yuan will be rewarded.

  On July 31st, Duolun Traffic Police also issued the Notice on Remediation of Traffic Violations of Off-road Vehicles in Grassland Deep Tour, which mentioned that some off-road vehicles have changed the body structure without authorization, used fake license plates, deck plates, driving scrapped cars and other traffic violations, which seriously disrupted the normal road traffic order in our county. That is, from the date of the announcement, the traffic police brigade of Duolun County Public Security Bureau will further intensify the crackdown on traffic violations of off-road vehicles, and strictly investigate, manage and punish the above-mentioned illegal acts according to law.

  There was a dispute with herders when a motorcade crushed grasslands.

  After reporting the case, the police handled it in time.

  At the end of July, some netizens said that there were sports cars drifting on the Zhangbei grassland. The video showed that after the wheels were crushed, the grassland vegetation was destroyed and the land was exposed.

  On July 22, a news that "35 cars were claimed by herders for rolling grasslands in Zhenglan Banner, Inner Mongolia" attracted attention. On July 23, Zhenglanqi government issued a statement that on July 20, when a self-driving motorcade (35 vehicles) passed through the sixth branch of the Wuyi Animal Farm in Zhenglanqi, the motorcade strayed into the herdsmen’s pasture and was crushed. Both parties reached a settlement through voluntary negotiation and compensation. When he withdrew from the pasture, he was intercepted by another herder and called the police after a dispute. The police of the Wuyi Animal Farm Police Station of Zhenglanqi Public Security Bureau conducted timely disposal at the scene of the incident. Zhenglanqi government also said that it is necessary to strengthen the grassland environmental protection tips; Strengthen the legal education of herdsmen; Strengthen the publicity and education of ecological awareness; Create a civilized, orderly, harmonious and safe tourism environment.

  Text/Reporter Guo Linlin Coordinator/Jiang Wei

Meng Xiaosu, former head of the national housing reform research group, responded to ten questions about real estate.

  From July 24th in Politburo meeting of the Chinese Communist Party to the recent entrepreneurs’ forum held by the Ministry of Housing and Urban-Rural Development, the multiple positive news about stimulating the real estate market frequently aroused social concern. Among them, topics such as how to ensure the delivery of housing pre-sale, when to reduce the interest rate of stock houses, and the adjustment of restrictive housing purchase policies in first-and second-tier cities have been hotly debated, and there are also many misunderstandings.

  With all kinds of questions about these hot topics, the reporter from Chengdu Business Daily-Red Star recently had an exclusive conversation with Meng Xiaosu, the former chairman of China Housing Group and the former head of the national housing reform research group, who has the title of "the father of affordable housing in China", and made an in-depth interpretation of the top ten hot real estate topics.

  "The relationship between supply and demand in China real estate market has undergone major changes"

  On July 24th this year, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting to analyze and study the current economic situation and plan economic work in the second half of this year. When talking about the real estate market, it was clearly stated at the meeting for the first time: to adapt to the new situation that the relationship between supply and demand in the real estate market in China has undergone major changes, adjust and optimize the real estate policy in a timely manner. Make good use of the policy toolbox because of the city’s policy, better meet the rigid and improved housing needs of residents, and promote the stable and healthy development of the real estate market. At the macro level, what new features does China’s real estate market present? Facing the new development situation, how can we boost the confidence of the real estate market?

  One question: "housing and not speculating" is no longer applicable to the present?

  The positioning of "housing and not speculating" has not changed.

  Q: How should we understand the current supply and demand situation of the real estate market?

  A: The real estate market has indeed undergone major changes, but we can’t simply say that "the supply of real estate exceeds demand" because we all look at the market under the state of restricted purchase. It’s like counting traffic on a closed road and counting passengers in a closed shopping mall. How can it reflect the real supply and demand situation? In my opinion, to accurately judge the real relationship between supply and demand in the real estate market, we must wait until after "opening roadblocks" and "reopening shopping malls". Only by releasing the restrictive conditions can we judge the normal relationship between supply and demand.

  Q: Compared with Politburo meeting of the Chinese Communist Party on April 28th, there was no mention of "staying and not speculating" at the meeting on July 24th. Some people thought that this meant that "staying and not speculating" had changed?

  A: The positioning of "housing and not speculating" has not changed. The central government emphasizes that "houses are for living, not for speculation", which not only emphasizes the residential property of houses, but also does not deny the wealth value property of real estate. What we should guard against is real estate speculation and curb real estate speculation. However, it should be pointed out that there have been some misunderstandings about "living in a house without speculation", and at least three wrong interpretations have been formed by over-exerting it — — First, it is interpreted as "the house is for living, not for ‘ Buy ’ ",restricting residents from buying houses; The second is interpreted as "the house is for living, not for ‘ Sell ’ ",restricting the development of enterprises to sell houses; Third, it is interpreted as "the house is for rent, not for sale", which violates the policy of "both rent and sale". I think we should return to the origin, adhere to the positioning of "houses are for living, not for speculation", and promote the stable and healthy development of the real estate market.

  Second question: Will the adjustment of purchase restriction and loan restriction be a trend in more cities?

  Restrictive requirements shall be stipulated separately in the "Policy for the City"

  Q: According to the statistics of the Central Finger Research Institute, in the first half of 2023, more than 100 places have introduced real estate control policies over 300 times. According to the current situation of the real estate market, there is a voice that "first-and second-tier cities should completely cancel the restrictions on purchases and loans"?

  A: The current situation of the real estate market is mainly due to restrictions. In some places, "policy fallacy of composition" and "policy decomposition fallacy" are formed, resulting in insufficient market confidence, which is a comprehensive effect of mutual influence. "Restricted purchase" was implemented when the real estate was overheated, and now the situation in the property market has changed. According to the requirements of "city-specific policy", restrictive requirements can be stipulated separately in some cities and certain sections.

  Three questions: When will the series of favorable policies be effective?

  "Real estate policy adjustment usually has a lag period of 9 months"

  Q: From lowering interest rates to lowering down payment to liberalizing purchase restrictions in some areas, how did the property market react after many favorable policies for real estate were frequently laid out?

  A: The real estate policy is different from other economic policies, and it takes a long time. Experience tells us that the lag period of real estate policy is generally around 9 months.

  Q: Is there still resistance to the recovery of the real estate market?

  A: "The property market economy is a confidence economy". Now the requirements of the central government to adjust the real estate policy have not been put in place in some places. Many restrictive measures issued during the "overheating" period of real estate have not been adjusted, which is the biggest obstacle to the recovery of the real estate market. Although the financial sector has launched a number of preferential credit policies at present, they are all "non-core policies" in the property market policy and belong to auxiliary policies.

  How to make people dare to buy a house and live in a down-to-earth manner?

  "Promoting the stable and healthy development of the real estate market" has been mentioned by the central authorities many times. In recent years, property buyers also have a loud voice to resolve the risk of buying a house and cancel the pool area. How to make ordinary people dare to buy a house and live in a down-to-earth manner is also an important part of boosting confidence in buying a house.

  Four questions: Should the pool area of commercial housing be abolished?

  "It’s useless to cancel the pool."

  Q: In recent years, there has been a loud voice from the people to cancel the pool of commercial housing. In July this year, Hefei, Anhui Province also said that it would "explore the pricing of commercial housing sales according to the interior area". In your opinion, should the market cancel pooling?

  A: I have always been indifferent to the idea of canceling the pool. What really benefits the people is to improve the dual-track housing system and provide affordable housing for low-income families. The pool area is the difference between the building area and the usable area, including outdoor corridors, public stairs, public halls, elevators, etc., which are all parts of the house. Cancelling the pool is just to change the building area before the pool into the usable area after the pool, and change the pool from "dominant existence" to "invisible existence". It is impossible to cancel it, but the algorithm is different.

  Q: Can exploring pricing by interior area be implemented in multiple cities?

  A: What people want is to cancel the pool area. But the pool area can’t be without, and houses can’t exist alone. The cancellation of the pool will not reduce the total house price, and the spread price should be included in the remaining usable area. Property buyers may not get any benefits, but the room area is much smaller and the unit house price has increased a lot. Personally, I think it’s useless to cancel the pool. Just mark the pool area clearly. It’s a common practice in China to measure the construction area, and all statistical data are based on the construction area. Of course, the pool area involves building codes and cannot be changed at will, and the design and construction should be more reasonable.

  Five questions: Should the pre-sale system of commercial housing be stopped?

  "House prices may rise, and the development capacity of housing enterprises will decrease"

  Q: In order to prevent the uncompleted development of real estate, there is a great call from the public to cancel the pre-sale system of commercial housing. Many areas have also begun to pilot the existing home sales system. In your opinion, should the pre-sale system of commercial housing be cancelled?

  A: The "pre-sale system" is an effective practice formed by drawing lessons from overseas experience in the process of commercial housing development in China. Through the early intervention of house buyers, the problem of project construction funds can be solved, and at the same time, house buyers can buy houses in advance at preferential prices. It is possible to carry out the "existing home sales" pilot on some projects, but the house price will definitely be higher than the pre-sale.

  In my opinion, it is not feasible to "completely cancel the pre-sale system", which means that development enterprises have to bear more capital costs and risk costs, and these costs have to be borne by buyers through sales, and house prices will rise and development risks will increase. For housing enterprises with less abundant self-owned funds, if there is no pre-sale system, it will be difficult to turn over funds. Both "existing home sales" and "pre-sale system" should be allowed.

  Q: For consumers who buy faster houses, what aspects of system construction need to be improved to reduce the risk of buying houses?

  A: There is not much problem with the pre-sale system itself. The problem lies in the management and use of the pre-sale housing funds. There are unfinished buildings in the pre-sale houses, which are all problems with supervision. At present, the pre-sale of houses is supervised by a third-party organization, but some supervision is weak, and the housing enterprises have moved the pre-sale to other places; Others are too dead, so that the project construction does not use the advance payment. Both tendencies will make it difficult to "guarantee the delivery of the building" I think a more reasonable way is for the group of property buyers to conduct second-party supervision. Property buyers have a direct interest in the timely delivery of houses, which can avoid illegal misappropriation of funds by real estate enterprises.

  Six questions: Will reducing the down payment ratio lead to financial risks?

  "It is reasonable to make a down payment of around 20%"

  Q: Ni Hong, Minister of Housing and Urban-Rural Development, stressed at the enterprise symposium held at the end of July that policies and measures such as reducing the down payment ratio and loan interest rate for purchasing the first home should be further implemented. If the total house price remains unchanged, will lowering the down payment ratio lead to financial risks?

  A: When the housing mortgage loan was designed in that year, the down payment ratio matched the bank risk. However, in the later real estate regulation and control, mortgage loan, a financial lever convenient for ordinary families to buy houses, became a means to regulate the purchasing power of the property market, which deviated from the origin of this loan to some extent. The normal proportion of down payment for housing mortgage loan is 20%. The down payment ratio should follow the principle of matching with the bank risk. If the down payment is too low, the bank risk will increase. However, if the down payment is set too high, it will increase the pressure on residents and make it difficult to help ordinary families buy houses.

  How to protect the housing rights and interests of people who have bought houses and low-income groups?

  To promote the stability and health of the real estate market, it is necessary to boost the confidence of new home buyers. The adjustment of the interest rate of existing houses and the housing rights and interests of low-income groups have also attracted much attention.

  Question 7: When and how much will the interest rate of the stock house be lowered?

  "It should be adjusted to the current level required by the central bank"

  Q: On July 14th, Zou Lan, director of the Monetary Policy Department of the Central Bank, said that he supported and encouraged commercial banks to negotiate with borrowers to change their contractual agreements independently, or to issue new loans to replace existing loans. On August 1, the central bank made another statement at the working meeting in the second half of 2023: guiding commercial banks to adjust the interest rate of existing individual housing loans in an orderly manner according to law. Should the central bank issue a mandatory document to reduce the interest rate of stock houses?

  A: According to the central bank’s policy, there are only two ways to lower the interest rate of the stock house, either the two parties directly modify the contract or reissue the loan to replace the original loan. In fact, the essence of these two practices is the same. It is the simplest to modify the contract directly, and there is no problem of violating the contract. In the past, the adjustment of the interest rate of stock loan banks was synchronized in accordance with the provisions of the central bank. It is enough for the central bank to encourage and support commercial banks to reduce interest rates on existing mortgages, and banks will have to accept market-oriented choices in the future.

  Q: If the interest rate of stock houses is lowered, how much is appropriate?

  A: I personally think that the interest rate should be lowered according to the current regulations. No matter what the loan interest rate was in the past, it should be lowered to be consistent with the interest rate stipulated by the central bank.

  Eight questions: Why is the new round of urban village reconstruction concentrated in mega-cities

  "The population gathering and the shortage of affordable housing are more prominent."

  Q: In the past three months, the transformation of villages in cities has been mentioned by the central authorities many times. Why is the new round of reconstruction of villages in cities concentrated in mega-cities and mega-cities?

  A: The transformation of villages in cities is actually a special business in the transformation of old cities. The reason why we should concentrate on mega-cities is because there is a general shortage of houses in those cities, especially the demand for affordable housing is in short supply. For example, in Shenzhen, many migrant workers rent in low-cost villages in the city, and the government is trying to increase the construction of affordable housing, but the relationship between supply and demand is still tense. In third-and fourth-tier cities, this contradiction between supply and demand is not so obvious.

  Q: Will this round of urban village reconstruction boost housing prices? Will it give birth to "get rich overnight"?

  A: There is no need to confuse the real intention of shed reform and urban village reform. These two policies are not necessarily related to pushing up housing prices. The change of the real estate market is not a linear transmission, and it will not directly promote the rise of housing prices because of shed reform and village-in-city transformation.

  The vast majority of people who still live in villages in cities are farmers with poor economic conditions. The valuable land was originally owned by the villagers, but it was the transformation of the village in the city that released the wealth value. The so-called "phenomenon of getting rich" is extremely individual, and most of them just improve their living conditions. Improving farmers’ living standards and narrowing the income gap between urban and rural areas are the goals we should pursue.

  How to draw the blueprint of "Home Ownership"?

  So far, many cities have gradually relaxed all kinds of purchase restriction measures, but many first-and second-tier cities have not adjusted their purchase restriction and loan restriction policies. How to let buyers get the "admission ticket" to enter the property market and how to ensure the realization of the blueprint of "home ownership" are also problems that need to be solved to maintain the stability of the real estate market.

  Nine questions: Why has "recognizing the house but not the loan" not yet landed in more cities?

  "Some urban mortgages ‘ Recognizing the house and the loan ’ Unreasonable "

  Q: Following the statement made by the Ministry of Housing and Urban-Rural Development that individual housing loans are "housing but not loans", Zhengzhou issued a relevant notice on August 3, proposing 15 measures to stabilize the real estate market, and said that it would implement the policy of "housing but not loans" and suspend the implementation of the sales restriction policy. However, more first-and second-tier cities outside Zhengzhou have not yet implemented policies. Do you think there is resistance?

  A: The competent authorities have sent a positive signal that there is no resistance from higher authorities for all localities, and the reason why the policy has not yet been implemented is mainly because the idea of restricting real estate development in the past is deeply rooted, and now the relaxation is afraid that the achievements of past restrictions will be "wasted." In fact, adjustment does not mean that the past policy was wrong, but it needs to be adjusted and optimized according to the new situation. It is unreasonable for some first-tier cities to "recognize housing and loan" and need to be adjusted.

  Question 10: How to draw the blueprint of "Home Ownership Scheme"?

  "Local governments play a leading role, and state-owned enterprises and central enterprises play a main role."

  Q: China started the reform of urban housing system 25 years ago, but today, the central government still emphasizes the construction of affordable housing. What is the problem?

  A: The design made by our housing reform research group 25 years ago is: "the market supplies commercial housing and the government provides low-rent housing", and it is proposed that affordable housing should cover 50% of urban families in China. From 2000 to 2007, the investment in the development of affordable housing in China only accounted for 3%-5% of the housing investment, which was obviously too little. Since 2011, China has promoted the transformation of shanty towns and provided 30 million sets of affordable housing. However, in terms of the total amount, the construction of affordable housing in China is insufficient, especially in big cities, where the contradiction between supply and demand is prominent.

  Q: How can we better achieve the goal of "home ownership"?

  A: I suggest that local governments play a leading role in the construction of affordable housing, and state-owned enterprises and central enterprises play a main role. First of all, the land for the construction of affordable housing cannot be charged with land transfer fees, and only basic taxes and fees can be charged. At the same time, state-owned enterprises and central enterprises should withdraw from the competitive real estate field and return to the construction of affordable housing. People can’t just focus on commercial housing when solving housing problems, and low-income groups can enjoy affordable housing. Chengdu Business Daily-Red Star Journalist Yang Yuqi

Long-term good confidence! China’s strong economic recovery will boost global economic growth.

  China Daily Online, January 5 According to a recent report by the China Journal, the hope that China’s economy can recover strongly and continue to be the engine of the world economy is rising when the world is facing multiple challenges. Economists have warned that a potential global economic recession is approaching due to the tightening of the financial environment and the suppression of demand, geopolitical tensions continue. The International Monetary Fund (IMF) said that "the worst is yet to come" and predicted that global economic growth will further weaken in 2023. However, after the optimization and adjustment of epidemic prevention and control measures in China, its economy will recover strongly and play a significant role in boosting global economic stability and growth.

  On January 1, 2023, people took pictures in front of the Drum Tower in Beijing. (Source: China Daily)

  Epidemic prevention policy, optimization of economic activity growth and boosting the world economy

  After the optimization and adjustment of epidemic prevention policies in China, production and life in many cities such as Beijing have gradually returned to normal, and economic vitality has recovered. According to Xinhua News Agency, the number of subway passengers in Beijing, Chengdu and Wuhan increased by 40% one week before New Year’s Day & mdash; 100%, the degree of traffic congestion increased by about 150%— 240%, indicating that residents in these areas are returning to work, shopping and restaurants.

  On December 30, customers were buying new year goods in the new year market area where the Beijing New Year Festival was launched. (Source: Xinhua News Agency)

  According to the data of Wind Info information, a market tracking agency, 6,316 domestic flights took off on December 26th, almost twice as much as a month ago, while the box office revenue of national movies rose from 14.47 million yuan a month ago to 106.17 million yuan the day before.

  Image source: vision china

  On New Year’s Day holiday, the daily average number of passengers sent by national railways increased by 109% compared with last November. Domestic tourism revenue was 26.517 billion yuan, a year-on-year increase of 4.0%; On the first day of the new year, the number of operating cinemas nationwide hit a new high in the past 10 months; On the first day of "2023 National Online New Year Festival", the national online retail sales reached 45.2 billion yuan, 6.5% higher than the first day of last year’s New Year Festival. In the first holiday after the optimization and adjustment of epidemic prevention and control policies, one of the most important "Troika" to boost China’s economy — — Consumption is picking up, sending a positive signal that China’s economy is improving.

  On December 23, 2022, Beijing, the Second Ring Road was busy in the morning. (Source: Oriental IC)

  The positive signals released by the growth of economic activities have convinced more and more international investment banks and asset management companies that China’s economy will rebound sharply.

  Singapore’s Lianhe Zaobao quoted economists as saying that it is increasingly likely that China’s economy will rebound faster and stronger in 2023. Bloomberg reported that although the economic and social activity is much lower than that before the epidemic, the rapid rebound of vitality in Beijing and other cities shows that once the epidemic is over, China’s economy can recover faster than expected.

  The Financial Times quoted analysts from Citibank as predicting that the total retail sales of social consumer goods in China will increase by 11% to 50 trillion yuan in 2023, and most major cities will pass the epidemic peak before mid-January. According to the report, investors and analysts predict that "the coming year will be brighter". The Reuters report quoted Zhou Hao, chief economist of Guotai Junan International, as saying: "Generally speaking, we believe that the worst period of China’s economy has passed, and a strong economic recovery is ahead."

  Kristina Hooper, chief global market strategist of Jing Shun Investment, a global investment management company, said that the optimization and adjustment of epidemic prevention policies and measures to stabilize the real estate industry "will help promote China to become a key growth engine in 2023".

  Experts say that many factors will promote China’s economic recovery in the coming year. The world’s second largest economy may recover through a stable and turbulent global economy, or it will become a more important driving force for the world economy.

  On December 24, 2022, citizens were shopping and relaxing at Jianghan Road Pedestrian Street in Wuhan. Recently, the popularity of various business districts and pedestrian streets in Wuhan has obviously rebounded. (Source: Oriental IC)

  According to a report by Goldman Sachs, the potential rebound of consumer spending in China may accelerate the import of goods and services and help boost the GDP of economies such as Singapore and Australia, while Thailand and Viet Nam may be the biggest beneficiaries of the international tourism recovery of China tourists.

  With the orderly recovery of China citizens’ outbound tourism, countries and regions that rely on tourism have begun to look forward to the stimulating effect of China tourists on the local economy.

  The institutional advantages are obvious, and macro-control is powerful.

  China Daily quoted Zhang Bin, deputy director of the Institute of World Economics, Politics and Metallurgy of China Academy of Social Sciences, as saying that financial and monetary support should be strengthened this year to ensure the steady expansion of domestic demand.

  The Central Economic Work Conference held in mid-December, 2022 proposed that under the pressure of "demand contraction, supply shock and expected weakening", domestic demand should be expanded by expanding consumption to promote economic growth. The meeting stressed that it is necessary to strengthen the overall coordination between epidemic prevention and control and economic and social development, and strive to optimize epidemic prevention and control. The Central Economic Work Conference regards "focusing on expanding domestic demand" as the key task in 2023, and puts forward that restoring and expanding consumption should be given priority.

  Focusing on expanding domestic demand, the Central Economic Work Conference proposed to enhance consumption capacity, improve consumption conditions and innovate consumption scenarios. Increase the income of urban and rural residents through multiple channels, and support consumption such as housing improvement, new energy vehicles, and old-age services. The meeting proposed that the proactive fiscal policy in 2023 should be strengthened to improve efficiency and play a more direct and effective role in proactive fiscal policy. A prudent monetary policy should be targeted and effective, and maintain a reasonable and sufficient liquidity.

  Yin Yanlin, deputy director of the Office of the Central Committee of Finance and Economics, said on December 24 that the change of epidemic prevention will first have a major positive impact on economic recovery. The epidemic situation is a key variable affecting the economic operation at present, and China’s economy has survived the most difficult moment. With the implementation of the policy of optimizing and adjusting epidemic prevention and control, people and logistics will be smoother, and all areas of economic and social life are expected to accelerate recovery, and economic vitality will be effectively released.

  On January 1, 2023, people ate in a restaurant in Beijing. (Source: Xinhua News Agency)

  In its latest China Economic Update, the World Bank said that consumer confidence is expected to improve as pent-up consumer demand is released after the first quarter.

  Bank of China — — Liu Guoqiang, deputy governor of the People’s Bank of China, said that the strength of monetary policy should not be less than last year. "If necessary, further efforts will be made unless economic growth and inflation exceed expectations." Regarding the monetary policy requirements put forward by the Central Economic Work Conference, Liu Guoqiang summarized it as "the total amount should be sufficient and the structure should be accurate".

  Hu Yifan, investment director and macroeconomic director of UBS Wealth Management Asia Pacific, said that the company predicted that offline consumption would increase as economic activities returned to normal. The year-on-year growth of retail sales in China may rebound from about 1% last year to at least 5% this year. Hu Yifan said that the rebound in consumption may contribute to more than half of the national economic growth this year, and the year-on-year growth may rise from 3% last year to about 5%. At the same time, investment growth will remain strong this year due to the narrowing of the decline in infrastructure construction supported by high-speed rail projects, manufacturing investment promoted by high-tech industries and real estate development investment. In the case of weak global demand, the recovery of domestic demand may help offset the downward pressure on the economy caused by the slowdown in exports.

  Data from the National Bureau of Statistics (NBS) show that from January to November last year, China’s exports increased by 11.9% year-on-year, reaching 21.83 trillion yuan, but the monthly growth rate dropped to 0.9% in November, which indicates that with the slowdown of global economic growth, exports are facing downside risks.

  Experts said that this situation highlights the importance of increasing policy support to ensure a strong rebound in domestic demand, especially when consumption recovery still faces obstacles such as rising unemployment.

  At present, all localities are actively seizing time to promote the recovery of economic vitality and lay the foundation for a good start for the economy in 2023. China’s economy has strong resilience, great potential and full vitality, and the fundamentals of long-term economic improvement have not changed. Confidence is gold. It is believed that with the introduction and implementation of more new policies and measures, China’s economic operation is expected to rebound overall, and the foundation for economic recovery and development will be strengthened, so as to make a good start for building a socialist modern country in an all-round way with high-quality development and new achievements.

  (Compile: Yip Wong Editor: Han He)

Demonstrations were held in many places in Britain against another recess of Parliament.

  Xinhua News Agency, London, August 31 (Reporter Gui Tao) On August 31, several British cities held demonstrations to protest against Prime Minister Boris Johnson’s adjournment of Parliament.

  On the same day, tens of thousands of people marched in London, Manchester, Oxford, Liverpool, Leeds and Belfast, the capital of Northern Ireland. They shouted slogans and accused the Johnson administration of despising democracy and deliberately pursuing "no agreement to leave the European Union". There are both "Brexit" supporters and "Stay in Europe" supporters in the marchers.

  The British Parliament, which is currently in summer recess, will resume on September 3rd. Johnson asked the parliament to adjourn again from September 9 to September 12, and the adjournment lasted until October 14. Queen Elizabeth II recently approved this request.

  Critics believe that the deadline for Brexit on October 31 is approaching. If Parliament adjourns again, there will be only two weeks left for Members to exercise their rights on the issue of Brexit. Johnson’s request to adjourn the parliament again is to stop the members’ efforts to oppose "no agreement to leave the European Union". However, Johnson insisted that there was enough time for parliamentarians to discuss the issue of "Brexit".

Concentrate on the Soul, Take on the Mission and Set sail for a new journey —— A summary of the Party’s in-depth study and implementation of the theme education of the Supreme Leader’s Socialism with

  "Insisting on arming the whole party, guiding practice and promoting work with the latest achievements in the modernization of Marxism in China is an important experience for our party to create history and achieve brilliant achievements."

  At the beginning of the new era and new journey, under the guidance of the CPC Central Committee with the supreme leader as the core, a centralized education within the party that touches the mind and cleanses the soul — — The theme education of studying and implementing the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era is in full swing in the whole party.

  Learn ideas, strengthen party spirit, emphasize practice and build new achievements.

  In the theme education, party member and cadres deeply understood the decisive significance of "two establishment", strengthened "four consciousnesses", strengthened "four self-confidences" and achieved "two maintenance", strengthened the ideals and beliefs of communist party people, absorbed the source power of unremitting struggle, strengthened the mission responsibility of taking responsibility, built a dam defense line against corruption and change, and constantly turned the learning results into a powerful driving force for promoting the construction of a strong country and gathered together.

  At the above rate, the deployment will be promoted at a high station and a high starting point.

  On December 21-22, 2023, Huairentang, Zhongnanhai, the Political Bureau of the Communist Party of China (CPC) Central Committee held a special democratic life meeting to study and implement the theme education of Supreme Leader Socialism with Chinese characteristics Thought in the new era.

  General Secretary of the Supreme Leader stressed at the meeting that studying and implementing the theme education of Socialism with Chinese characteristics Thought in the new era is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China. The main theme is prominent, the objectives and tasks are clear, and remarkable results have been achieved in casting souls with learning, enhancing wisdom with learning, rectifying morals with learning, and promoting work with learning.

  It is a distinctive feature of Marxist political parties to always attach great importance to theoretical armed forces.

  2023 is the first year to fully implement the spirit of the 20th Party Congress.

  The key step to the construction of a strong country and national rejuvenation is to unite the whole party under the banner of truth, so as to March forward resolutely and bravely without fear of stormy waves.

  "We should take this theme education as an opportunity to strengthen the party’s innovative theory, constantly improve the Marxist level of the whole party, constantly improve the party’s ruling ability and leadership level, and gather together for the new journey of forging ahead."

  On April 3, 2023, the General Secretary of the Supreme Leader profoundly expounded the great significance of this centralized education within the party at the theme education work conference.

  In May, 2023, General Secretary of the Supreme Leader inspected and presided over a symposium to further promote the coordinated development of Beijing-Tianjin-Hebei, and put forward requirements for the theme education in the three places at the symposium:

  "Party committees in Beijing, Tianjin and Hebei provinces should conscientiously implement the arrangements and requirements of the CPC Central Committee, earnestly do a good job in thematic education, further enhance the political and organizational functions of party organizations at all levels, and provide a strong guarantee for promoting the coordinated development of Beijing-Tianjin-Hebei."

  In April, 2023, when I visited Guangdong, I emphasized "building a soul by learning", in May, I emphasized "enhancing wisdom by learning" in Shaanxi, in June, I emphasized "correcting the wind by learning" in Inner Mongolia, and in July, I emphasized "promoting dry work by learning" in Jiangsu.

  From the bank of the Pearl River to the land of Sanqin, from Hetao Plain to Jiangnan Water Town … … The General Secretary of the Supreme Leader delivered a series of important speeches and made a series of important instructions, which provided a fundamental basis for the whole party to carry out in-depth theme education.

  "We should pay more attention to theoretical armed forces, classified guidance, solid foundation, overall coordination and leadership guidance."

  On August 30, 2023, General Secretary of the Supreme Leader presided over the The Politburo Standing Committee (PSC) Conference and delivered an important speech, fully affirming the achievements of the first batch of thematic education and putting forward the important requirements of "five more attentions" for the second batch of thematic education.

  At every key node of theme education, the General Secretary of the Supreme Leader delivered an important speech and made important instructions, and continued to deepen the theme education:

  Combined with the actual characteristics, in view of the wide range, many types and large number of personnel in the second batch of theme education participating units, the characteristics of different levels, different fields and different objects are emphasized;

  Focus on outstanding problems, make important instructions on controlling statistical fraud, preventing bad tendencies in research, and correcting chaos at the grassroots level, pointing to difficulties and ills;

  Pay attention to demonstration, and ask the Political Bureau of the Central Committee to take the lead in consolidating and expanding the achievements of thematic education, establish a long-term mechanism, strengthen its own construction, and play a leading role in the whole party;

  … … … …

  Enthusiastic entrustment, full of expectations; Under the above rate, do it from the beginning.

  Under the leadership of the Supreme Leader’s General Secretary, the whole party was moved by orders. Under the overall planning of the Central Leading Group for Theme Education, all localities, departments and units have launched a wide range of activities with high political consciousness, and promoted the orderly development of theme education with high standards and high quality.

  Adhere to high-level promotion and pay attention to up-and-down communication — —

  The Central Leading Group for Theme Education follows up and studies the spirit of the important speech and important instructions of the Supreme Leader General Secretary, holds monthly leading group meetings, holds symposiums and promotion meetings in due course, and studies and solves important problems in the work in a timely manner.

  The Office of the Central Leading Group for Theme Education studied and formulated a series of specific measures, issued relevant notices and policy responses, conducted repeated deduction and unannounced visits, strengthened coordination and guidance, and carefully organized and prepared authoritative learning materials such as Selected Readings of the Supreme Leader’s Works, Selected Topics of Socialism with Chinese characteristics Thought in the New Era of the Supreme Leader, and Learning Outline of Socialism with Chinese characteristics Thought in the New Era of the Supreme Leader (2023 Edition), which played a role as a staff assistant.

  Leading groups for theme education at all levels, their offices, and all departments and units in various regions are connected up and down, running smoothly and carrying out effectively.

  From April to August, 2023, the first batch of theme education was carried out in central and state organs and their directly affiliated units, all provinces, autonomous regions and municipalities, Xinjiang Production and Construction Corps, sub-provincial city organs and their directly affiliated units, financial enterprises, enterprises and universities in charge.

  From September 2023 to January 2024, the second batch of theme education was conducted for organs at all levels below the provincial level and their directly affiliated units and other grassroots party organizations.

  Measures should be integrated and integrated, and integrated promotion should be adhered to — —

  This theme education is not divided into stages and links, and party member cadres are organized to deepen their understanding of the Party’s innovation theory in theoretical study, investigation and research, promotion of development, inspection and rectification, and use the Party’s innovation theory to study new situations and solve new problems.

  All localities, departments and units have combined learning with doing from the very beginning, integrated investigation with reform, unified contradiction with establishment, insisted on learning while investigating, and immediately changed when they know it, summed up experience in time by establishing rules and regulations, and constantly grasped various key measures in theme education.

  In-depth investigation and study, highlighting practical work — —

  It is an important content and distinctive feature of this theme education to carry out investigation and research in a solid manner.

  According to the Party Central Committee’s work plan of investigating and studying the whole Party, all localities, departments and units organized party member and cadres to dive into the front line in the theme education, and went deep into rural areas, communities, enterprises, hospitals, schools, new economic organizations, new social organizations and other grass-roots units to ask for the people’s needs and advice.

  Carry out anatomical research on typical cases, focusing on "dissecting a problem" to "solving a class of problems". The vast number of party member and cadres insist on starting from key trivial matters, devote themselves to finding out social conditions and public opinions, come up with feasible measures, and strive to solve the problems of "not being meticulous in policy", "not being able to keep up with service" and "not being able to get up with public opinions".

  Adhere to the problem orientation and promote inspection and rectification — —

  Focusing on the six aspects of theoretical study, political quality, ability, responsibility, work style, honesty and self-discipline, all departments and units in various regions held a special democratic life meeting on theme education, and combined with the profound analysis of negative typical cases, they talked about the problem, put their thoughts into practice, put themselves into it, put their responsibilities into it, put their work into it, dig deep into the crux of the problem, identify the ideological root and put forward improvement measures.

  "The theoretical study is not deep and systematic enough, and it needs to be turned over and looked for now when it is used." "We should have a global vision and overall concept, not just in our own field ‘ Three points per acre ’ Thinking about things "… … The democratic life meeting on the theme education held by the Party Group of the Supreme People’s Court was full of self-criticism and mutual criticism.

  Holding a special democratic life meeting is one of the important measures to adhere to the problem-oriented and solidly promote the inspection and rectification in theme education.

  From making a list of problems, promoting the implementation of rectification, to carrying out special rectification, and then proposing improvement measures, all departments and units in various regions have seized the problems that have been strongly reflected by the masses and have not been solved for a long time, the problems that need to be solved in order to promote high-quality development, and the outstanding problems in cadres’ ideological style. The problem is checked at the crux and the rectification falls to the key point.

  Strengthen supervision and guidance, and pay attention to answering the same questions — —

  Strengthening supervision and guidance is an important guarantee for the theme education to achieve solid results.

  In the first batch of theme education, the Central Leading Group for Theme Education held the training meeting of the Central Steering Group at the first time, and 58 steering groups went to various departments and units in various regions to work in the same direction as the stationed units and put into work in a good mental state.

  Since the launch of the second batch of thematic education, the Central Leading Group for Thematic Education has sent 23 central itinerant guidance groups to provinces, autonomous regions and municipalities, Xinjiang Production and Construction Corps, some subordinate units and agencies of central and state organs, and some financial enterprises and branches of enterprises under the central management. Provincial party committees and party groups (party committees) of the competent departments of industry systems sent provincial-level patrol supervision teams.

  Carefully review important documents, participate in major activities in the whole process, and jointly study important issues … … Each steering group and supervision group anchored the objectives and strictly supervised the actual guidance, not only pointed out the existing problems, but also insisted on answering the same questions to ensure that all objectives and tasks were put in place.

  Avoid formalism and ensure practical results — —

  Formalism and bureaucracy are the great enemies to realize the Party’s mission and task in the new era and new journey, and they are also the outstanding problems that this theme education is trying to solve. We must move the real thing, target and correct it, closely monitor it and resolutely guard against it.

  Policy reply, in-depth review, work deduction, typical anatomy, unannounced visits and spot checks … … All localities, departments and units have promoted the implementation of the deployment of theme education in various ways. At the same time, we should further enhance our political acumen, strengthen the examination and control, promptly correct the emerging and tendentious problems of formalism, and guard against "low-level red" and "senior black".

  Only when people’s satisfaction and dissatisfaction are regarded as the fundamental criterion to judge the effectiveness of theme education, formalism and bureaucracy are avoided, and efforts are made in a thorough and solid manner, can we truly achieve high quality and good results and stand the test of history and practice.

  The theme is clear, the focus is prominent, the organization is strong, and the work is solid.

  All localities, departments and units adhere to the goal orientation, demand orientation, problem orientation and practice orientation, and promote the solid and powerful development of theme education.

  Unity of knowing and doing, theme education has achieved remarkable results.

  The majority of party member and cadres adhere to the integration of learning, thinking and application, and the unity of knowing, believing and doing. They continue to draw spiritual strength from theoretical study, show their responsibility for the benefit of the people, and deepen their self-revolution in the rectification of problems. The ideological will and actions of the whole party are more unified, and the party’s creativity, cohesiveness and combat effectiveness continue to increase.

  Persistently use the supreme leader’s Socialism with Chinese characteristics Thought in the new era to build a soul, and the theoretical armed forces have achieved new results — —

  Focus on a week to run a special reading class, and each member of the team will study and think deeply around a special topic and conduct discussions and exchanges; On the basis of the designated study materials, the works of the Supreme Leader General Secretary on the work concerning agriculture, countryside and farmers are listed as study materials … …

  In the theme education, the Ministry of Agriculture and Rural Affairs insists on theoretical study as the top priority, so as to achieve true learning, true understanding, true belief and true use.

  The continuous struggle on the journey of dreaming comes from the profound consciousness of ideological theory.

  In the process of theme education, the majority of party member and cadres settled down to read the original works, learn the original works and understand the principles, and constantly improve their ideological understanding and the power of understanding the truth, so as to truly learn to think, understand and gain.

  The Central Propaganda Department promptly followed up and studied the cultural thoughts of the supreme leader, and held special reading classes and special seminars on theme education at the ministerial meeting; The International Liaison Department of the Central Committee held activities such as "Revival Lecture Hall" and "Topic Education" to enrich learning methods; The Central and State Organs Working Committees held a theme education and learning exchange meeting, and combined with the learning experience of theoretical works such as Selected Readings of the Supreme Leader’s Works and Excerpts of the Supreme Leader’s Discussion on Investigation and Research, the representatives of various departments and units of the Working Committee talked about their gains, understanding and thinking; The General Office of the State Council promotes "leading, supervising, researching, mutual learning and self-study" as a whole, and continuously deepens theoretical study; The State Ethnic Affairs Commission took the opportunity of speeding up the translation and publication of the fourth volume of The Supreme Leader’s Talks on Governing the Country and Politics, and laid a solid theoretical foundation. The All-China Federation of Trade Unions gives full play to the role of branches and carries out live broadcast activities such as "Party branch secretary cloud party class"; The Central Policy Research Office, the Central Party History and Literature Research Institute, the Ministry of Foreign Affairs, the Ministry of Natural Resources, the Ministry of Water Resources, the Ministry of Culture and Tourism and other departments have improved the theoretical learning system to expand and enhance the learning effect.

  Beijing pays close attention to the "three meetings and one lesson" of the Party branch and organizes the "theory+people+literature and art" light cavalry to preach; Guangdong held a special seminar for leading cadres at the provincial and municipal levels to further remember the idea of entrustment; Zhejiang takes activities such as "tracing the source to promote practice" as the starting point, guiding the vast number of party member and cadres to continue to rise the learning craze; Shanghai specially compiles "Important Instructions of the General Secretary of the Supreme Leader on Shanghai’s Work since the 18th National Congress of the Communist Party of China" and so on as required textbooks for further understanding.

  China Datang, China Resources Group, China Renmin University, Fudan University, Xi ‘an Jiaotong University and other rich ways and means to promote party member and cadres to learn relevant materials on theme education in time and create a good learning atmosphere.

  … … … …

  In the in-depth study again and again, the vast number of party member and cadres generally realized that the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era is a rich theoretical treasure house and a "golden key" to solve problems. We must learn deeply and thoroughly, so as to be convinced and apply what we have learned.

  After profound party spirit tempering and ideological baptism, political loyalty is stronger — —

  In May, 2023, the Supervision Committee of the Commission for Discipline Inspection of Nanping City, Fujian Province organized party member and cadres to come to Zhuxi Garden to carry out theme activities, so as to further study and understand the profound connotation and time value of the spirit of the important speech made by General Secretary of the Supreme Leader.

  Focusing on political education and party spirit education, since the theme education was carried out, the supervision committee of Fujian Provincial Commission for Discipline Inspection has carried out activities of retracing the footsteps to realize the mission, revisiting the stories to realize the initial heart, rereading the articles to realize the thoughts, and constantly casting political loyalty.

  Loyalty to the Party is the primary political quality of the Communist Party of China (CPC) people, and it is also the genetic code for our Party to move from victory to victory. In the theme education, all localities, departments and units take tempering character and strengthening loyalty as an important goal.

  The General Office of the Central Committee organized party member and cadres to visit the red venues and learn "A Hundred Years of Loyalty — — Selected Red Stories of the Central Office, etc., and constantly enhance the political consciousness of absolute loyalty to the party;

  The Central Political and Legal Committee organized all party member and cadres of the organs to visit relevant exhibitions, bearing in mind that "politics and law are surnamed the party" and inheriting the red gene;

  The National People’s Congress Standing Committee (NPCSC) authorities carried out activities such as the centralized study month of party constitution’s party rules and regulations, and used the party spirit education base to strengthen political guidance and education;

  The Chinese People’s Political Consultative Conference authorities carefully supervised and implemented the spirit of the important instructions of the Supreme Leader General Secretary on the work of the CPPCC and the decision-making arrangements of the CPC Central Committee, and established a ledger system to ensure that it was implemented;

  Some party secretaries at the grass-roots level in PetroChina moved party classes to well sites, installations and construction sites, explaining clearly "how to implement the earnest entrustment of the general secretary and how to do it based on their posts";

  The Central Network Information Office, the Ministry of National Security, the Department of Veterans Affairs, the Central Committee of the Communist Youth League, the All-China Women’s Federation and other departments, Hebei, Yunnan, Heilongjiang, Anhui, Jiangxi, Shandong and other places, through strict education management supervision and organization of life, have comprehensively improved party member and cadres’ party spirit and honed their loyalty.

  The vast number of party member and cadres have more deeply realized that "two establishment" is the most important political achievement, the most important historical experience and the most objective practical conclusion in the new era, and their political consciousness, ideological consciousness and action consciousness of "two maintenance" have been further enhanced.

  Turn the achievements of theme education into a powerful force to do a good job in reform, development and stability, and promote high-quality development and make new progress — —

  Focusing on the difficult problems that restrict high-quality development, comrades of the Party Group and the Bureau-level comrades of the National Development and Reform Commission went to the grassroots level for dozens of investigations, and formed hundreds of reports on expanding domestic demand and stabilizing exports, and put forward a number of operational, practical and effective policy suggestions to promote the solution of development problems.

  The motivation inspired by theme education is effectively transformed into achievements in promoting high-quality economic and social development.

  The Supreme People’s Procuratorate has formulated an implementation plan, which requires that every case be handled with high quality and efficiency closely around the central tasks and primary tasks of the party and the state; The Ministry of Science and Technology focuses on the development of artificial intelligence big model, promotes the solution of weak application basic research, and strengthens forward-looking deployment in strategic areas; The Ministry of Finance should give full play to its financial functions, increase support for basic public health services, and promote the construction of a multi-level and multi-pillar endowment insurance system; Chongqing coordinated to promote the "Ten Actions" and other key tasks in the construction of the twin-city economic circle in Chengdu-Chongqing area.

  The Ministry of Industry and Information Technology, the Ministry of Commerce, the People’s Bank of China, the National Audit Office, the State-owned Assets Supervision and Administration Commission of the State Council and other departments, as well as Shaanxi, Shanxi, Sichuan, Guangxi and other places, have comprehensively sorted out and formulated measures and detailed plans to tackle key problems, focusing on solving bottlenecks, preventing and resolving risks, and improving the quality and efficiency of development, and regard promoting high-quality development as an important yardstick to test the achievements of thematic education.

  Focusing on its functional orientation, China Development Bank has specifically deployed relevant measures to support infrastructure construction in areas such as industrial upgrading and new urbanization. China Post Group focuses on deepening the revitalization of rural services and accelerating the construction of a three-level logistics system in counties and villages; China Three Gorges Group actively explores the "two-wing integration" development of eco-environmental protection and clean energy in the Yangtze River, and continues to carry out the "smart water housekeeper" comprehensive management model.

  In the main battlefield of economic construction, at the forefront of scientific and technological innovation, and at the forefront of grassroots practice, the vast number of party member and cadres have established and practiced a correct concept of political achievements, corrected the orientation of cadres, enhanced their motivation, formed a joint force of cadres, and promoted high-quality development to achieve new breakthroughs.

  Focusing on the urgent problems of the people, the people’s sense of gain, happiness and security has been improved — —

  "Kindergarten from hardware conditions to teachers, and then to children’s meals, let us feel very at ease." "Now there is a kindergarten near the community, which is very convenient." In October 2023, Linglong Kindergarten in Wujiagang District, Yichang City, Hubei Province officially opened, which solved the problem of "difficulty in entering the park" that had plagued nearby parents for a long time.

  Focusing on the problem of "difficult to enter the park" and "expensive to enter the park" reflected by the masses, Yichang regards "adding a public kindergarten degree" as a key livelihood issue, which has become a vivid epitome of local people’s voices and solving problems in theme education.

  People’s livelihood is no small matter, and branches and leaves are always related to love. Adhering to the people-centered development idea, the "demand list" of ordinary people is being transformed into a "satisfaction list".

  The Ministry of Education refines the specific tasks in the field of education in light of the actual situation, and strives to solve a number of educational problems that are needed for development, desired by the grassroots and desired by the people. Ministry of Human Resources and Social Security has formulated a list of livelihood projects with 22 specific items around promoting employment and entrepreneurship and improving the social security system.

  Tianjin promotes the implementation of the social security policy for flexible employees and provides services such as serious illness care and serious illness relief; Nantong City, Jiangsu Province, carried out front-line work law to solve six kinds of problems, such as labor disputes reflected by "12345".

  The Ministry of Public Security, the Ministry of Civil Affairs, the National Health and Wellness Commission and other departments, Jilin, Gansu, Qinghai, Henan, Xizang and other places, accurately implemented relief measures, continued to promote the sinking of resources, services and platforms in rural areas and communities, earnestly observed people’s feelings, solved people’s worries and warmed people’s hearts.

  In the theme education, all localities, departments and units regard "going to the grass roots" as a key link to understand people’s feelings and make scientific decisions, thoroughly study and practice the "Fengqiao experience" in the new era, and guide party member and cadres to sincerely listen to the voices of the masses, truly reflect their wishes, truly care about their sufferings, and constantly do a good job in benefiting the people and benefiting the people.

  Dare to cut the blade inward and continue to rectify the "four winds", and the political ecology has taken on a new look — —

  "Hard measures such as streamlining and reducing meetings have achieved remarkable results, giving the department ‘ Wenshan Huihai ’ Formalism and bureaucracy are put on ‘ Tightening spell ’ We feel that the quality and efficiency of the work have been significantly improved and the enthusiasm of the officers has become stronger. " A grassroots cadre in Hunan Province was deeply touched.

  In the theme education, Hunan Province has introduced specific measures to deepen the rectification of the outstanding problems of formalism bureaucracy such as "Wen Shan Hui Hai", and has continued to expand into the results of reducing the burden at the grassroots level, so that the majority of grassroots cadres can go into battle lightly.

  The grassroots reduce the burden and the cadres add motivation.

  The Central Theme Education Office, together with the Office of the Special Working Mechanism of Rectifying Formalism at the Central Level for Reducing the Burden at the Grass-roots Level, has successively notified five cases that rectifying formalism is typical of the advantages and disadvantages of reducing the burden at the grass-roots level and a number of typical problems, demanding that all measures for reducing the burden be implemented strictly and realistically, focusing on solving the outstanding problems strongly reflected by grassroots cadres, effectively reducing the burden at the grass-roots level and encouraging cadres to take responsibility.

  Strict discipline and discipline, continuous rectification of the "four winds", all localities, departments and units to guide the vast number of party member, cadres to boost their spirits and renew their vitality.

  The State Commission for Discipline Inspection of the Central Commission for Discipline Inspection took the lead in carrying out education and rectification of discipline inspection and supervision cadres, solidly carried out ideological and political education, warning education and discipline and law education, and resolutely prevented "black under the lamp"; The Organization Department of the Central Committee has carried out special rectification on key and difficult issues in organizational work, striving to achieve practical results in further promoting the resolution of outstanding problems such as cadres’ inaction, dare not act, and chaos; The United Front Work Department of the Central Committee has implemented the important requirements of "three distinctions", made overall plans for accountability, fault tolerance and error correction, and formed a positive incentive orientation.

  The Ministry of Justice consolidated and deepened the achievements of the education and rectification of the political and legal team, examined the problems in a package, made a list, and comprehensively rectified and rectified them; Party organizations at all levels of the Ministry of Transport have strengthened the investigation and rectification of grassroots party building issues, taking activities such as the "Year of Strengthening Party Building" as the starting point, and continue to make up shortcomings, strengths and weaknesses, and promote promotion; Xinjiang carried out a special rectification of cadres’ work style, and urged 217 local and county party and government cadres in the autonomous region to investigate the problem.

  The Central Ministry of Social Work, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Emergency Management Department and other units, Guizhou, Ningxia, Liaoning, Xinjiang Production and Construction Corps and other places are keeping a close eye on the old problems and new manifestations of the "four winds", making persistent efforts to create a clean and honest political ecology.

  Insist on the courage to face up to the problem, party member and cadres thoroughly examine the problem, pay close attention to rectification, correct behavioral deviation, and the Party’s ability of self-purification, self-improvement, self-innovation and self-improvement has been continuously enhanced.

  Brave the tide and stride forward to a new journey.

  If a nation wants to be in the forefront of the times, it must have theoretical thinking and correct ideological guidance for a moment.

  At present, China’s development faces new strategic opportunities, new strategic tasks, new strategic stages, new strategic requirements and new strategic environment, and the risks and challenges to be dealt with, contradictions and problems to be solved are more complicated than before.

  To advance the unprecedented great cause, only by rallying under the banner of truth and arming our minds with scientific theories can we grasp the historical initiative and March towards a new journey.

  On the new journey, we should persist in building the Party ideologically and strengthening the Party theoretically, and constantly improve the theoretical level of Marxism of the whole Party — —

  "How to understand that propaganda and ideological and cultural work is an extremely important work?" "How to shoulder the new cultural mission and create a new culture that belongs to our time?" … …

  Centering on the cultural thought of the supreme leader, the Central Party School (National School of Administration) newspaper and magazine agency launched the first season of the Party School Micro-lecture Hall. Once online, it attracted a large number of viewers to click and watch.

  Every step forward in the party’s theoretical innovation, the theoretical armed forces will follow.

  Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era has achieved a new leap in the modernization of Marxism in China, and opened up a new realm of the modernization of Marxism in China, covering reform, development and stability, internal affairs, foreign affairs and national defense, and managing the party, the country and the army, and forming a complete scientific system.

  Only by persisting in building the Party with ideology, strengthening the Party with theory, taking a clear-cut stand and grasping the theoretical arm, and studying and implementing the Party’s innovative theory throughout the whole process and all aspects, can party member and cadres truly maintain a high degree of ideological, political and operational consistency with the CPC Central Committee with the Supreme Leader as the core, so as to achieve the goal of thinking in one place and making efforts in one place, and constantly enhance the Party’s cohesion and combat effectiveness.

  On the new journey, we should persist in focusing on the center and serving the overall situation, and constantly use the party’s innovative theory to guide practice and promote work — —

  High quality development is the last word in the new era. Whether there is a new breakthrough in high-quality development is an important yardstick to test the effectiveness of promoting development and a key standard to test the effectiveness of theme education.

  This theme education takes "promoting development" as an important measure, which has effectively promoted the implementation of all work in the first year of comprehensively implementing the spirit of the 20th Party Congress, and achieved the dual purposes of educating party member and cadres and promoting career development.

  Practice has proved that centralized education within the party cannot be divorced from the central task of the party and the fiery practice of economic and social development. Only by persisting in grasping and promoting educational practice can we truly demonstrate the truth power and practical power of the party’s innovation theory.

  On the new journey, we must adhere to the people-oriented and people-oriented principles and follow the mass line of the Party in the new era — —

  A few round tables, dozens of chairs, cadres and the masses sitting around chatting — — This is a vivid scene of solving problems through dialogue between cadres and the masses in various towns and villages of Baoting Li and Miao Autonomous County, Hainan Province.

  From major events to minor events, simple problems are solved on the spot, complex problems are handed over to functional departments, and the Commissioner supervises and gives timely feedback.

  Our party comes from the people, and its foundation and blood are in the people. Being born for the people, prospering for the people, always being with the people and striving for the people’s interests are the fundamental starting point and foothold of our party.

  The greatest political advantage of the party is to keep close contact with the masses, and the greatest danger after the party is in power is to be divorced from the masses.

  Only by going deep into the masses, being close to the masses, serving the masses, showing the people’s hearts and feelings to all aspects of the whole process of performing their duties and responsibilities, making efforts to protect and improve people’s livelihood, responding to the reasonable demands of the people in a timely manner, and effectively doing good things, doing practical things, and handling difficult things, can we win the hearts and minds of the people and win the historical initiative.

  On the new journey, we must adhere to the strong foundation and the guidance of party building, and transform the party’s political and organizational advantages into governance efficiency — —

  Due to the small scale, a residential area in Zhaowuda Community, Chifeng City, Inner Mongolia, has been abandoned by the property, and there are some problems such as lack of greening management and serious ground damage.

  According to the relevant requirements of theme education, the Party Committee of Zhaowuda Community organized residents to set up autonomous committees to sort out the demands of the masses, and raised nearly 30,000 yuan to renovate the green belt and repair the damaged ground in the community, so as to effectively solve the "urgent difficulties and worries" in the hearts of residents who abandoned the old community.

  Grass-roots units are the end of state governance and the forefront of serving the masses. The key to improving the efficiency of community governance is to strengthen the leadership of the party and do a good job in party building.

  Only by adhering to a strong foundation, leading by Party building, innovating working methods, and running the Party’s leadership through all aspects of grass-roots social governance, can we lead the modernization of grass-roots governance with high-quality Party building, and continuously unite the party’s heart and people’s hearts and gather public opinion and people’s strength.

  On the new journey, we must persist in moving the truth against the hard and self-revolution, and further promote the new great project of party building in the new era — —

  On January 8, 2024, the Third Plenary Session of the 20th Central Commission for Discipline Inspection opened in Beijing. The General Secretary of the Supreme Leader attended the meeting and delivered an important speech, profoundly expounding the important thought of the party’s self-revolution, and making strategic arrangements for sustained efforts and deepening the anti-corruption struggle.

  With perseverance and perseverance on the road forever, all localities, departments and units have thoroughly studied and implemented the important thought of the Supreme Leader General Secretary on the party’s self-revolution, strengthened their own construction, and continuously consolidated and expanded the achievements of thematic education.

  It is the Communist Party of China (CPC) people’s political responsibility and historical consciousness to always maintain the advanced nature and purity of the Party, lead the great social revolution with great self-revolution, and unite and lead hundreds of millions of people to realize the great rejuvenation of the Chinese nation.

  Only by keeping sober and firm in solving the unique problems of the big party at all times, persisting in the courage to face up to the problems, facing the problems directly, attacking the key points, resolutely eliminating the toxins and political microorganisms that endanger the health of the party, persisting in seeking practical results, and preventing various formalism and bureaucratic problems, can the party truly maintain its advanced nature and purity, and build it stronger and stronger.

  In the past, thousands of splendors have been displayed, and in the Ming Dynasty, they have made even greater progress.

  Standing at a new starting point, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the whole party consciously armed its mind, guided practice and promoted its work with the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, and we will surely stride forward in the new journey of building a socialist modern country in an all-round way and promoting the great rejuvenation of the Chinese nation in an all-round way!

  (Xinhua News Agency, Beijing, February 3rd)

The Federal Reserve has suspended interest rate hikes for three consecutive times, and a number of data reflect that the US economy is currently continuing to cool down.

  In the early morning of December 14th, Beijing time, the Federal Reserve announced its December interest rate resolution, announcing that it would suspend interest rate hikes this month. Previously, the Federal Reserve has raised interest rates 11 times in this interest rate hike cycle since March 2022. At present, the target range of the US federal funds rate is maintained at 5.25%~5.50%.

  The Fed suspended interest rate hikes three times in a row.

  According to the statement released after the meeting, the Fed believes that the current growth rate of economic activities in the United States has slowed down compared with the third quarter. Employment growth in the United States has slowed down since earlier this year. In the past year, inflation in the United States has slowed down, but it is still at a high level.

  Gao Ruidong, Chief Economist of Everbright Securities:The Federal Reserve’s monetary policy mainly needs to consider the dual goals of promoting employment and stabilizing prices, which is reflected in whether the unemployment rate data and inflation data are close to the normal level. At present, according to the latest data, although the employment data has rebounded beyond expectations, there are seasonal factors and the impact of the recovery of employment after the strike of American auto workers. On the whole, these two key indicators can reflect the tightening policy of the Fed’s continuous interest rate hike, and the effect has appeared.

  In addition, after the meeting, the Fed’s statement revealed that it believed that the current level of interest rates in the United States had reached or approached the peak, and the Fed began to discuss the timing of interest rate cuts.

  Experts said that from the current series of data and situation analysis, the Fed’s current interest rate hike process is likely to come to an end. However, the Fed needs to be more cautious about the trend of data including consumption and manufacturing investment in order to continue to judge the current monetary policy. Continued impact.

  Chief Macroeconomist of Founder Securities LuzheThe balance between the Fed’s "doing too much" and "doing too little", that is, the balance between controlling inflation and avoiding economic recession, these uncertainties and two-way risks make the current Fed’s monetary policy decision need more patience and prudence, which is also the focus repeatedly emphasized by most Fed officials.

  Since March last year, the Fed has raised interest rates 11 times in this interest rate hike cycle, ranging from the initial 25 basis points to the later 50 basis points and 75 basis points for four consecutive times. Later, the rate hike gradually slowed down. In June this year, the Fed suspended interest rate hikes once, and resumed interest rate hikes by 25 basis points in July this year. Since then, it has suspended interest rate hikes for three consecutive times. At present, the target range of the US federal funds interest rate has remained at a high level since 2001.

  A number of data reflect that the US economy continues to cool down.

  Experts said that from the comprehensive analysis of the performance of a number of US economic data, the current US economy continues to cool down, and the tight monetary policy has brought obvious impacts on the US real economy and financial markets in many aspects.

  Experts said that at present, the economic growth rate of the United States, which is superimposed with inflation factors, remains at a certain level, but after excluding the influence of inflation factors, the economic growth rate of the United States has slowed down obviously in recent months, which shows that inflation in the United States is still resilient.

  Zhao Yue, Chief Economist of Hong Kong Fortune Securities:The economic growth data of the United States this year is not as strong as the nominal value in terms of actual value. The gap between the two is the impact of inflation, which reflects that there is still relatively high inflation in the United States at present. When monetary policy was formulated and implemented, it had a transmission process in the economy, which was a gradual upward influence process, depending on how much attention was paid to the impact of monetary policy on the economy.

  Maintaining the high interest rate level, after a period of sustained action, is gradually changing the current financial environment in the United States, and thus changing the trend of the real economy in the United States. The data shows that in the United States, the bank’s best lending rate has risen from 3.25% to around 8.50% in the near future, more than doubling; This has also affected the financing rate of Moody’s AAA corporate bonds in the United States from 2.63% to about 5.67% in the near future.

  Judging from the scale of credit, the scale of industrial and commercial loans of American commercial banks has been shrinking since January this year, the year-on-year growth rate of consumer loans has dropped sharply since October last year, and the year-on-year growth rate of real estate loans has dropped sharply since March this year. In addition, the industrial output index of the United States decreased by 0.6% in October, the manufacturing output index decreased by 0.7% in October, and the performance of the supply side weakened significantly; The main real estate market index in the United States has also fallen to near this year’s low.

  Wen Bin, Chief Economist of China Minsheng Bank:At present, the economic development and financial environment in the United States have changed significantly under the influence of the interest rate hike policy. The upward interest rate will lead to the contraction of credit scale, the decline of investment growth rate and the slowdown of industrial production, which will also curb consumption. In addition, the real estate market is also weak due to the influence of high interest rates. The above situation shows that the American economy is cooling down.