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[Hot Interpretation] Five signals that need to be paid attention to during the first meeting between China and the United States

  On November 15th, local time, the Supreme Leader of president held the first meeting of the US dollar with US President Biden at the Filoli Manor in San Francisco, USA.

  After a lapse of one year, the two heads of state met face to face again. The United States attaches great importance to this exchange.

  The first meeting between China and the United States was held at Filoli Manor.

  When the Supreme Leader arrived at Philoli Manor, he was warmly welcomed by Biden. The meeting lasted for four hours, and simultaneous interpretation was used throughout. After the meeting, Biden also invited the Supreme Leader to take a walk in Filoli Manor and personally sent the Supreme Leader to the boarding place to say goodbye.

  Such "manor diplomacy" is one of the highest forms of American diplomatic norms.

  Chairman of the Supreme Leader mentioned during the meeting:It is impossible for China and the United States not to deal with each other. It is unrealistic to change each other, and the consequences of conflict and confrontation are unbearable to anyone. Competition among great powers cannot solve the problems facing China and the United States and the world. This earth can accommodate China and the United States. The success of China and the United States is an opportunity for each other.

  As soon as the meeting ended, President Biden also posted on social media that:I attach great importance to today’s conversation with President Xi, because I think the most important thing is that our leaders can get to know each other clearly. Severe global challenges require our common leadership. Today, we have made real progress.

  What changes will take place in Sino-US relations through the first meeting of the US dollar in San Francisco? There are several signals worthy of attention.

  At this meeting, the Chairman of the Supreme Leader mentioned this sentence in his opening remarks.It’s been a year since I last met with the President in Bali. A lot has happened in the past year.

  A year ago, the first meeting of the heads of state of China and the United States in Bali pointed out the way forward for Sino-US relations that were in serious trouble. For some time, the direct reason why Sino-US relations will face difficulties and challenges is that some people in the United States have not implemented the important consensus reached by the heads of state of China and the United States, nor have they implemented President Biden’s positive attitude.

  最高领袖主席与拜登总统握手

  此次中美元首会晤前,谭主注意到这样一个细节:白宫新闻发言人在表态中,也表达了“重返巴厘岛”的意思。

  而“重返巴厘岛”,一直是中方提出的,推动中美关系回到健康、稳定、可持续发展轨道的前提。

  美方重复中方的表述也表明,美方认识到自己不能再重蹈不落实两国元首共识的覆辙。

  谭主了解到,今年6月,布林肯访华期间,美方就希望邀请最高领袖主席访美,促成两国元首面对面会晤。但中方保持战略定力,直到中美双方达成“重返巴厘岛”的共识后,中美元首会晤才有实质性进展。

  两国元首,是中美关系的掌舵者,只有将元首共识真正落到实处,中美关系才会稳下来、好起来。

  谭主还注意到,这次中方的通稿中还引用了拜登的这样一段话——

  我愿重申在巴厘岛会晤中作出的五点承诺,即:美国不寻求新冷战,不寻求改变中国体制,不寻求通过强化同盟关系反对中国,不支持“台湾独立”,无意同中国发生冲突。美中经济相互依赖,美国乐见中国发展富裕,不寻求打压遏制中国发展,不寻求同中国脱钩。

  Repeating President Biden’s promise a year ago in a paragraph is also a reminder to the US that it cannot repeat the same mistakes.

  For Sino-US relations, "returning to Bali" and "facing San Francisco" are just the beginning. The most crucial thing is to "surpass San Francisco".

  It is worth noting that a new expression emerged in this meeting, and China and the United States should have a new vision.

  To this end, China and the United States should work together to pour the five pillars of Sino-US relations.

  For the five pillars, Gao Fei, vice president of Foreign Affairs College, analyzed:

  The first cognition involves the directionality of Sino-US relations, which China has always emphasized. The United States has always lacked correct judgment on this issue, which is also the main reason why Sino-US relations have encountered difficulties in recent years. The second is to control differences, which is an area that the United States has always emphasized but has not found a way. The third item emphasizes that the two sides should strengthen cooperation in common interests, which reflects China’s consistent position and conforms to the common ideas of both sides. The fourth aspect emphasizes the responsibility of a big country, which is relatively new, and it also emphasizes the responsibility of a big country shouldered by China and the United States. We should strengthen coordination in macro policies and safeguard world peace and stability. The last point further shows that the non-governmental foundation of the relationship between the two countries is consolidated.

  In the face of great changes in the world, the United States should adopt a rational attitude and establish a common vision with China, which is in line with the interests of China and the United States and the expectations of the world.

  As the Chinese side said, establishing a correct understanding is the primary pillar of the new vision of China and the United States. Whether the United States is more clearly understanding China’s strategic intentions, one starting point is the change of participants.

  In this meeting, besides the President of the United States, the American personnel also included Blinken, Yellen, Raimondeau, Sullivan, brainerd, Kerry, Burns, Campbell, Kangda and Bertrand.

  Among them, Blinken, Yellen, Raimondeau and Kerry all visited China this year, and Sullivan also held a strategic dialogue with China.

  Compared with last year’s Bali meeting, one of the most remarkable changes is brainerd, director of the White House National Economic Council. Brainerd once participated in matters related to China’s accession to the WTO. Brainerd is well aware of the necessity of Sino-US cooperation.

  In addition, another remarkable change is that this year, Bertrand succeeded Rosenberg as the new senior director of China affairs of the White House National Security Council. Bessalan served as the Deputy Economic Counselor in the US Embassy in China, and visited China for many times on the rural collective property rights system.

  Bessalan (second from right) attended the meeting between Chinese and American diplomats held in Beijing in June this year.

  Obviously, there are more and more people who know about China in the US government’s team responsible for China affairs. But in fact, there is a difference between "understanding" and "understanding". Since Biden’s administration took office, it has been widely criticized for this problem. The crux lies in that Biden’s "China hands" are a group of false "China hands", who may know China but don’t understand China.

  Xie Hui, an American expert who has been in the United States for a long time, told Tan Zhu:

  What is the connotation of "understanding"? That is, they can’t take a cursory look at China, but they should really sink down, bend down, study in the crowd, learn in life, and understand the real life scene. Understand the real joys and sorrows of Chinese, the fate changes of the real people in China, and record, digest and empathize with the trajectory of China striding forward in this era.

  The older generation of "China hands", such as Fu Gaoyi, are not confined to specific majors or fields. They tend to obtain research data through field surveys and verify and improve their academic achievements with major historical events in the development of Sino-US relations. They attach importance to theory, but more importance to practice. They know China now, as well as China in the past and developing China.

  Fu Gaoyi has a good knowledge of modern politics and society in China.

  They are also more willing and motivated to promote the constructive development of Sino-US relations. This is exactly what the US government lacks at the moment.

  Only by understanding China can we transcend the divided domestic politics of the United States, truly put down our posture, change our misconceptions about China and take real actions.

  The Taiwan Province issue has always been the core concern of China, and this time is no exception. Chairman of the Supreme Leader explicitly mentioned the Taiwan Province issue:

  The Taiwan Province issue has always been the most important and sensitive issue in Sino-US relations. China attaches importance to the positive statements made by the US during the Bali meeting. The United States should show its disapproval of "Taiwan independence" in concrete actions, stop arming Taiwan Province and support the peaceful reunification of China. China will eventually be unified, and so will it.

  Among them, China clearly raised the question of what the United States should do next. Compared with the Bali meeting, there is another outstanding feature of China’s talk about Taiwan Province this time:

  Many times mentioned unification.

  Wu Xinbo, director of the American Studies Center of Fudan University, told Tan Zhu,The proposal for peaceful reunification of the United States has made China’s demands on the Taiwan Province issue clearer to the United States.

  As China’s demands become clearer, the space for the US to play the "Taiwan Province card" is getting smaller and smaller. This trend can also be seen from the expectations of the US side for this meeting before the meeting.

  Regarding the discussion in Taiwan Province, a few days before the meeting, the US began to release news through foreign media.

  This time, the United States chose Dimi, a correspondent of the Financial Times in China. Dimi is a senior reporter of the Financial Times in China. For the important Sino-US agenda, the US government often chooses to feed the third party, that is, the non-American media.

  Specifically, the news released by the US side discussed whether to change from "no support" to "clear opposition to Taiwan independence".

  This sign is consistent with the trend that the space for the US to play the "Taiwan Province card" is getting smaller and smaller.

  In October this year, the chairman of the so-called "American Association in Taiwan" fled to Taiwan after taking up his new post, and directly told the Taiwan Province authorities that the Biden administration did not support the "Taiwan independence".

  Gao Fei pointed out that,In the past five years, China and the United States have tried to test each other’s bottom line through constant fierce confrontation, while China has insisted on a clear attitude. The Taiwan Province issue is the core of China’s core interests and there is no choice. Today, this clear bottom line approach has produced certain results.

  With the upcoming election of leaders in Taiwan Province, some forces in the United States are still speculating on the Taiwan Province issue. This requires the U.S. government to continue to show the courage to implement its commitments.

  As an internal affair of China, the question of Taiwan Province should not be interfered in.

  To some extent, this also reflects the principle of international law in the Charter of the United Nations, that is, the international community should respect the territorial integrity of member States. The Charter of the United Nations was signed in San Francisco, and the United States should understand and adhere to its principles.

During the meeting, the two heads of state agreed to promote and strengthen dialogue and cooperation between China and the United States in various fields, including:

  Establish an intergovernmental dialogue on artificial intelligence; Establish a working group on drug control cooperation between China and the United States to carry out drug control cooperation; On the basis of equality and respect, resume high-level communication between the two armies, the working meeting between the Chinese and American defense departments, and the meeting of the Sino-American maritime military security consultation mechanism, and carry out telephone calls between the leaders of the Chinese and American military theaters; Agree to further significantly increase flights early next year; Expand education, international students, youth, culture, sports and business exchanges, and so on.

  Recently, China and the United States have increased more direct flights.

  Tan Zhu also noticed that just a dozen hours before the meeting between the two heads of state, China and the United States issued a statement on strengthening cooperation to deal with the climate crisis, which mentioned that China and the United States decided to launch the "Working Group on Strengthening Climate Action in the 21 ST Century".

  Consultation mechanism and working group are the high-frequency words of this first meeting between China and the United States.

  Gao Fei said,In the past few years, there have been so many problems in Sino-US relations, one of the most important reasons is the interruption of the communication mechanism. Without the communication mechanism, problems may arise where there were no problems, which also caused the spiral decline of Sino-US relations. Now, the United States also understands that the establishment of communication channels and communication mechanisms is of great significance to Sino-US relations.

  When meeting in Bali, the two countries first reached a consensus, and then the follow-up work level was docked. Take the finance team as an example. At that time, the two heads of state agreed that the finance teams of the two countries should conduct dialogue and coordination on macroeconomic policies, economy and trade.

  This has led to a series of subsequent interactions between the Chinese and American financial teams, including the establishment of the "Economic Working Group" and the "Financial Working Group".

  This time, it is obvious that the "big wheel" of the heads of state meeting drives the "small wheel" at the executive level, and the two wheels are driven synchronously. Behind this, it is also the US re-understanding of the communication mechanism.

  At the beginning of Biden’s administration, it fantasized about dealing with China from the position of strength. At that time, all communication mechanisms between China and the United States had been interrupted, and the United States did not mention mechanisms, but only talked about contacts.

  Under such circumstances, China has maintained its strategic strength, put forward a series of clear requirements for the United States, and told the United States what it should and should not do. At the same time, in the face of American containment, suppression and provocation, China is resolutely fighting.

  Over the past few years, the United States has realized that when dealing with China, it is still necessary to return to the right track of communication.

  Take the intergovernmental dialogue on artificial intelligence first mentioned this time. Before the meeting, the United States raised expectations and hoped to establish a mechanism similar to the newly established Sino-US economic and financial working groups in the field of artificial intelligence.

  Artificial intelligence itself is also a revelation, guiding how China and the United States should get along in the field of science and technology.

  The technological change in today’s world does not result in the struggle for comparative advantages among countries, but more brings about common problems of all mankind, such as global governance, management and ethics, and is confined to competitive thinking, which not only blocks but also eats back the development and progress of mankind itself.

  Gao Fei said,China and the United States have been doing one thing for so many years, that is, looking for the basis for cooperation between the two sides. It is of great significance for China and the United States to find a way to get along with each other by exploring cooperation mechanisms from emerging fields.

After the summit meeting, the Chairman of the Supreme Leader met with an old American friend again.

  Thirty-eight years ago, the supreme leader, then secretary of Zhengding County Committee of Hebei Province, visited the United States for the first time and visited San Francisco. At that time, the first stop to contact the United States was Iowa. Later, he said this to his old friends in Iowa.To me, you are America.

  What is America? Who can represent America? Only in this field where the supreme leader meets his old friends can we see it more clearly.

  The Supreme Leader attended a welcome dinner with old friends, which was jointly organized by five organizations:

  national committee on u.s.-china relations

  u.s. china business council

  Asia society

  American Council on Foreign Relations

  CCUS

  In fact, the American people’s welcome to the Chairman of the Supreme Leader can be seen through one detail:

  A group of American business executives lined up in the hope of meeting the chairman of the supreme leader.

  On the meeting list, there are Fraser, head of Citigroup, Woods, chairman of ExxonMobil, Nadella, head of Microsoft, Musk, head of Tesla and so on. These people are representative forces in the fields of finance, energy and science and technology in the United States.

  For some time, the United States imposed tariffs on China and other measures continued to harm the interests of American enterprises.

  U.s.-china business council, the American Chamber of Commerce, the American Automobile Manufacturers Association and the International Semiconductor Industry Association have all come forward to express their opinions on policies such as the US government’s restrictions on investment in China.

  This concern is also reflected in the actual actions of American companies. As early as November 16th, American chip giant NVIDIA will release three artificial intelligence chips specially for China market.

  This has been the past year, and NVIDIA once again launched a customized version of the chip for China, in order to circumvent the US chip export control to China.

  At the end of this month, the China Council for the Promotion of International Trade will hold a chain fair, which is the first national exhibition with the theme of supply chain in the world. Among the foreign-funded enterprises participating in the exhibition, American enterprises are the most.

  The voices calling for cooperation are increasing. Sino-US cooperation is in the common interest of the two peoples.

  San Francisco is the place where Chinese first arrived in the United States, where the United States and China jointly signed the Charter of the United Nations, and where the United States and China first established sister cities.

  This time, the informal meeting of leaders of the Asia-Pacific Economic Cooperation (APEC) was held, which was also the largest international meeting held in San Francisco after the signing of the Charter of the United Nations in 1945.

  These days, San Francisco has done a lot of work to host this summit, which is also regarded as the hope of the United States to better show its image as a leader in regional economy and world order in order to gain the support of other countries.

  How to truly become a respected big country depends on whether you can set an example in the cooperation between big countries, whether you can set an example in the coordination and cooperation of international and regional issues, and whether you can set an example in providing more public goods to the world.

  And these examples must start with words and promises.

The epidemic situation of influenza concentrated fever in Beijing has dropped sharply.


On January 10, a parent accompanied the child with infusion at Beijing Children’s Hospital. According to the latest influenza surveillance released by Beijing CDC, it is expected that the intensity of influenza activity in Beijing will slow down in the next two weeks. Xinhua news agency

  According to the Municipal Health Planning Commission, at present, there is no obvious variation in influenza viruses; Flu activity will slow down in the next two weeks.

  The Beijing News (Reporter Dai Xuan) Recently, the flu epidemic in Beijing reached its peak, and a large number of patients flocked to the hospital for treatment. The Beijing Municipal Health Planning Commission announced yesterday that the epidemic situation of influenza concentrated fever reported in Beijing has dropped sharply, with the first week of 2018 falling by 74% compared with the last week of 2017. There is no obvious variation in all types of influenza viruses, and there is no biological basis for influenza pandemic.

  In the first week of 2018, the epidemic situation decreased by 74% from the previous month.

  Recently, the high incidence of influenza in Beijing has aroused social concern.

  Yesterday, the Beijing Municipal Health Planning Commission released the latest data on influenza surveillance. The results of influenza surveillance in the Municipal Center for Disease Control and Prevention show that since November 2017, the intensity of influenza activity in Beijing has shown an upward trend, especially since December.

  However, the increase in the intensity of influenza activity in Beijing has shown a slowdown. The epidemic situation of concentrated influenza fever reported in Beijing has dropped sharply, with the last week of 2017 dropping by 37% compared with the previous week, and the first week of 2018 dropping by 74% compared with the last week of 2017.

  According to the analysis of influenza surveillance data in Beijing over the years, the peak of influenza activity in Beijing this epidemic season appears around New Year’s Day, and the incidence is at a high level in recent years. At present, it has reached the peak of influenza epidemic, and it is expected that the intensity of influenza activity in Beijing will slow down in the next two weeks. The number of reported cases of influenza concentrated fever in schools and kindergartens has dropped significantly compared with the previous period. It is expected that the intensity of influenza activity in Beijing will be further reduced with the coming of winter vacation and Spring Festival holiday in schools and kindergartens.

  The population aged 0-4 accounted for the highest proportion of cases.

  At present, the activity of influenza virus in Beijing is still at a high level, and influenza viruses of type B (Yamagata strain), type A H1N1 and type A H3N2 are co-prevalent. Recently, the proportion of influenza B (Yamagata strain) virus and influenza A (H1N1) virus is relatively high. At present, among all age groups of influenza-like cases, the 0-4 age group accounts for the highest proportion.

  Gao Xiaojun, spokesman of the Beijing Municipal Health Planning Commission, said that according to the global, China and Beijing influenza surveillance data, there is no obvious variation in all types of influenza viruses at present, and there is no biological basis for influenza pandemic. The infectivity, transmission and pathogenicity of influenza viruses have not changed. The clinical manifestations of influenza patients in this epidemic season still meet the basic characteristics of typical seasonal and periodic influenza.

  In the next step, Beijing will continue to carry out influenza surveillance and epidemic research, grasp the activity level and epidemic dynamics of influenza virus, and release early warning information in time. In view of the high epidemic rate of young students in primary schools and kindergartens, the education, health and family planning departments at the two levels in urban areas cooperate with each other to strengthen relevant inspections, and students infected with influenza will be guided to medical institutions for treatment.

  Dispel doubts 1

  Is the supply of anti-influenza drugs sufficient at present?

  Hospital supply is no problem, oseltamivir has increased production capacity, and citizens do not need to hoard drugs.

  Recently, many citizens have reported that there is a shortage of anti-influenza drugs such as oseltamivir. What is the current inventory of medical institutions?

  Liu Lihong, chief pharmacist of Beijing Hospital Authority, said that according to the epidemic monitoring in Chaoyang Hospital, this year’s flu was half a month earlier than expected, which led to insufficient preparation of various production enterprises. In addition, oseltamivir is mainly used in medical institutions, and the production enterprises mainly ensure the use of drugs in hospitals. Some private pharmacies may be in short supply, and now they have increased their production capacity. Oseltamivir is the core drug for treating influenza. Besides imported Tamiflu, there are also domestic oseltamivir capsules and granules for children. At present, the market in Beijing is stable and sufficient. "The number of outpatients in the respiratory department of Chaoyang Hospital is so large that we are worried that the drugs are out of stock, but there is no such thing, so there is no problem with the supply, and the public does not need to hoard drugs."

  She also reminded that oseltamivir is a prescription drug and needs professional medical personnel to provide different treatment schemes according to the characteristics of different populations and the degree of mild to moderate severity. For example, the recommended dose for children under the age of 13 is calculated according to kilogram weight, and 75mg is recommended twice a day for young adults. The elderly, especially patients with renal insufficiency, need to adjust the dose. Therefore, citizens should not buy at pharmacies at will, but must use drugs reasonably under the guidance of doctors.

 

 

  Disambiguation 2

  Why don’t some community hospitals accept patients with fever?

  Only the common cold and flu are accepted at the grassroots level; The elderly belong to five high-risk groups of influenza, so community treatment is risky.

  Fever is a common symptom after influenza infection. However, some citizens reported that they wanted to see the disease at home, but the community hospital said that they could not see it and had to go to a big hospital. In this regard, the relevant person in charge of the Medical Administration Department of the Beijing Municipal Health Planning Commission introduced that it is not impossible for the grassroots to receive fever patients, but only a part of them.

  She introduced that ordinary colds and flu have the ability to receive treatment at the grassroots level, but leukemia, malignant lymphoma, systemic lupus erythematosus, etc. may cause fever, and the grassroots cannot receive treatment. "There are many cases that cause fever, and the flu is not the only reason. Bacteria, viruses and mycoplasma can cause fever. " In addition, most of the elderly people in the community see a doctor, and the elderly people belong to five high-risk groups of influenza, so there are risks in community treatment. In addition, some small community health service stations have limited space and have not reserved influenza antiviral drugs. Based on the comprehensive judgment, the community may suggest some people to seek medical treatment elsewhere.

  "In fact, it can be found on the Beijing Pharmaceutical Sunshine Purchasing Platform that many community health service centers have purchased antiviral drugs such as oseltamivir, which is for such patients." She suggested that the public can learn about the drug reserves and receiving capacity of the nearby community through online or telephone consultation, and then go to see a doctor.

  Disambiguation 3

  What should we pay attention to in preventing and treating influenza?

  Vaccination is the most effective preventive measure; If there is no diarrhea and dehydration, the general flu does not need infusion.

  Li Xingwang, chief physician of beijing ditan hospital Infectious Diseases Clinic, said that influenza is a seasonal infectious disease, and vaccination is the most effective preventive measure. In addition, because influenza virus can be spread by droplets, it is recommended to go to public places with dense crowds as little as possible during the epidemic season. You can wear a mask when you go to the hospital or visit patients.

  Besides, Ying Qin washes his hands and ventilates frequently in his daily life. Although some people carry the virus, they have not yet attacked. Therefore, when sneezing and coughing, you should cover your mouth and nose with handkerchiefs and toilet paper to prevent it from spreading to others.

  He also stressed that for high-risk groups such as the elderly over 65, basic diseases, infants, and pregnant women in the middle and late stages, in addition to the above measures, anti-influenza drugs can also be taken for prevention. When a family member is infected with influenza virus, try to isolate from others, and you can also take anti-influenza drugs to avoid infection or alleviate flu symptoms. In addition, unless there are special circumstances such as diarrhea and dehydration, infusion is generally not needed to treat influenza.

  Some citizens wonder why it is the same flu, and doctors give different treatment plans to different people. Li Xingwang explained that common cough and fever can be treated as symptoms. For severe and high-risk groups, doctors may recommend antiviral treatment. The public should follow the doctor’s advice for the specific treatment plan.

  ■ initiatives

  Prolonging the time of outpatient service and relieving the pressure of medical treatment

  In order to cope with the flu peak, many large hospitals in Beijing have introduced convenience measures to alleviate the pressure of seeing a doctor by extending the time of pediatric outpatient and emergency departments and increasing the number of doctors.

  Recently, the number of outpatient and emergency visits in the Capital Institute of Pediatrics is about 6,200. According to the fluctuation of outpatient and emergency visits, the hospital has increased the number of outpatient and emergency visits, and also launched the "Love Clinic" activity, which provides two-hour centralized outpatient service from 17: 00 to 19: 00 every day to support the clinical frontline.

  Since the flu season, the peak number of pediatric outpatient visits in Beijing Friendship Hospital has reached 1,100, a year-on-year increase of 138.5%. The hospital has extended the time for prescribing drugs, and the pediatric clinic has also improved the consultation process according to the needs. In advance, the triage nurse will prescribe blood and stool routine laboratory sheets as appropriate, increase the number of personnel and equipment in the inspection department, reduce the number of children returning, increase the work efficiency of doctors and reduce the waiting time.

  The pediatric department of Beijing Hospital of Traditional Chinese Medicine started the emergency plan. Doctors stopped taking vacations and made additional visits on weekends to strengthen the outpatient service to meet patients’ medical needs.

  According to the Beijing Municipal Health and Family Planning Commission, at present, 147 secondary and above medical institutions in Beijing provide pediatric diagnosis and treatment services, which can receive 20,000 children every day, basically meeting the current needs.

Foreign media pay attention! There is no need for China to manipulate the RMB exchange rate.

  CCTV News:On July 31st, the International Sharp Review of China Central Radio and Television Station broadcasted an article entitled "There is no need for China to manipulate the RMB exchange rate", which was reprinted by many overseas media.

  On July 31, Russian Siberian News Network, European Times German Network, German-Chinese Report website, Spanish Radio International website, Italian RADIOWE website (facebook, twitter), Portuguese Lisbon Rainbow FM website (facebook), Universal Iberian APP, Brazil Rio Headline China Radio Website (facebook), Brazil Sao Paulo World China Radio Website (facebook), Indian Daily Morning News website, Turkish Economic Observation Network, Radio Elshinta Indonesian website, Czech Today Information website, Tanzanian African Media Group facebook account, UAE Ain News Network, Cambodian media freshnews website, American Global Oriental Company official website, Chinese PT portal, Chinese headline APP, Portuguese news APP(facebook, twitter), Many overseas media such as Nordic Times website, European Union Chinese website, West Africa online website, Africa Times website, Europe-China United Times website, Greek China website, Japanese Chinese business website and so on have forwarded them one after another. On August 1st, Hong Kong Ta Kung Pao and Indonesia International Daily also published this article. The main reports are as follows:

  In response to the recent unilateral accusation by the United States that China manipulated the RMB exchange rate, Maurice &bull, chief economist of the International Monetary Fund (IMF); Obst Feld recently told the American media: "We don’t have any evidence that China manipulates the currency."

  In fact, "China’s exchange rate manipulation theory" is an old saying of the United States, which lacks objective basis and even goes against the direction of RMB exchange rate market-oriented reform. As Geng Shuang, a spokesman for the Ministry of Foreign Affairs of China, said, the RMB exchange rate is mainly determined by market supply and demand, and it fluctuates in both directions. China has no intention to stimulate exports through competitive devaluation of the currency.

  According to the definition of IMF, "exchange rate manipulation" refers to a country’s long-term, large-scale and one-way intervention in its own exchange rate, which leads to the exchange rate being beneficial to its own trade and thus gaining illegitimate interests in trade.

  Analysts pointed out that there are three main reasons why China has no motivation and necessity to manipulate the exchange rate to stimulate exports:

  First, domestic consumption has become the dominant force in China’s economic growth. With the continuous upgrading of domestic production and household consumption, mid-to-high-end consumption will accelerate the economic transformation led by modern service industry, and the leading role of consumption in China’s economy will be further enhanced. There is no need for China to stimulate exports by intervening in the RMB exchange rate.

  Second, opening wider to the outside world will provide solid support for RMB assets. With the deepening of opening up and the promotion of RMB internationalization, RMB assets are increasingly favored by overseas institutions.

  Third, it is not worth the loss to intervene in RMB depreciation. Since the beginning of this year, China has launched a series of measures to further deepen its opening up and expand its imports. If it intervenes in RMB depreciation at this time, it will definitely increase the import cost, not to mention that the import growth rate of China’s goods trade is far higher than the export growth rate. Under this background, it is undoubtedly not worth the loss to adopt RMB depreciation strategy.

  So, how should we view the recent fluctuation of RMB exchange rate?

  First of all, it is related to the rising global risk aversion. The Trump administration’s trade protectionism has stimulated global risk aversion, affected the entire foreign exchange market, brought about repeated fluctuations in US stocks, increased market uncertainty, and continued decline in commodity prices. Recently, the RMB exchange rate fluctuated, which is more of an emotional performance of the market.

  Second, it is related to the strength of the US dollar index. Judging from the situation in the first half of the year, the US dollar index rose by 2.45% as a whole, but in the same period, the central parity of RMB against the US dollar was only lowered by 1.67%, which was much lower than the increase of the US dollar index. Therefore, the fluctuation of RMB is a spontaneous "compensation and correction" behavior of the market under the warming of risk aversion.

  Third, it is related to the Fed’s interest rate hike. Since April, the RMB has depreciated by more than 8% against the US dollar. During this period, US monetary policy is in the process of raising interest rates and shrinking its balance sheet. The Federal Reserve raised interest rates twice in March and June, and increased the number of interest rate hikes this year from three to four, and at the same time, cooperated with corresponding measures to shrink the table to recover liquidity. The Bank of China adheres to a prudent and neutral monetary policy, foreseeing pre-adjustment and fine-adjustment, and manages the general gate of money supply. To a certain extent, this round of RMB exchange rate fluctuation is a market behavior caused by the differentiation of monetary policies between China and the United States, and there is no intervention component.

  As some analysts have pointed out, the recent fluctuation of RMB exchange rate has not exceeded the reasonable range, and the RMB is still relatively strong in the global currency. The two-way fluctuation of exchange rate is the result of market action. With China’s economy running well and foreign exchange supply and demand in balance, the RMB exchange rate is completely stable at a reasonable and balanced level at present and in the future. There is absolutely no need for China to interfere with the trend of RMB exchange rate.

  A number of overseas media forwarded "International Sharp Review" articles:

Russian Siberian News Network forwarded on July 31, 2018

 

"European Times" German website forwarded on July 31, 2018

Italian RADIOWE website (facebook, Twitter) forwarded on July 31, 2018.

Portugal Lisbon Rainbow FM website (Facebook) forwarded on July 31, 2018.

Forward on July 31, 2018 by the website of Brazil’s Rio headlines (Facebook)

Turkish Economic Observer Network forwarded on July 31, 2018

India’s "Daily Morning News" website was forwarded on July 31, 2018

The Indonesian website of Radio Elshinta was forwarded on July 31, 2018.

Cambodian media freshnews website forwarded on July 31, 2018

Portuguese news APP(facebook, Twitter) forwarded on July 31, 2018.

Hong Kong Ta Kung Pao was published on August 1, 2018.

Indonesia’s International Daily was published on August 1, 2018.

Personnel dynamics: Guangdong and Guangdong elect new CPPCC chairmen

Zhu Honglei Wu Jia finishing
Huizhou and Dongguan, Guangdong Province, elected new CPPCC chairmen.
Wen Yongyu was elected chairman of Huizhou CPPCC.
According to Huizhou Daily, on the morning of February 8, the second session of the 13th Huizhou Municipal Committee of the CPPCC held an election meeting, and Wen Yongyu was elected as the chairman of the 13th Huizhou Municipal Committee of the CPPCC.
According to the public resume, Wen Yongyu was born in November 1968 in Jiexi, Guangdong Province. He used to be the deputy director of the Guangdong Provincial Supervision Department, a member of the Guangdong Provincial Supervision Committee and a member of the Standing Committee of the Guangdong Provincial Commission for Discipline Inspection. He has worked in the discipline inspection and supervision system for a long time.
According to Huizhou Daily, on January 4th, the CPPCC held an enlarged party group meeting, and Wen Yongyu, Party Secretary of the CPPCC, presided over the meeting and delivered a speech.
Huizhou City is located in the southeast of Guangdong Province, belonging to the northeast of the Pearl River Delta and the middle and lower reaches of Dongjiang River, between 22 24 ′-23 57 ′ north latitude and 113 51 ′-115 28 ′ east longitude. The city is 152 kilometers from east to west and 128 kilometers from north to south. Shanwei in the east, Nanhai in the south, Shenzhen in the southwest, Guangzhou in the west, Shaoguan in the north and Heyuan in the northeast. The boundary with the surrounding six municipal districts is 846.49 kilometers. The municipal government is located in Jiangbei Street, Huicheng District.
Zheng Jianmin was elected chairman of Dongguan CPPCC.
According to the website of Dongguan Municipal People’s Government, on the afternoon of February 9, the second session of the 14th Dongguan Municipal Committee of China People’s Political Consultative Conference held an election meeting. After the election, Zheng Jianmin was elected as the chairman of the 14th Dongguan Municipal Committee of the CPPCC.
According to the resume published on the website of Dongguan Municipal People’s Government, Zheng Jianmin, male, Han nationality, born in May 1966, has a university degree, and is a member of the party member of the Communist Party of China. He is currently the chairman and party secretary of Dongguan CPPCC.
Zheng Jianmin has worked in Guangdong Overseas Chinese Affairs Office for many years, and has successively served as the director of Farm and Refugee Affairs Department, the director of Cultural and Educational Publicity Department, the director of Foreign Liaison Office of Guangdong Overseas Chinese Affairs Office, and the member and deputy director of the Party Group of Guangdong Overseas Chinese Affairs Office. In October, 2018, Zheng Jianmin was appointed as a member of the Party Group and Deputy Director of Guangdong Hong Kong and Macao Affairs Office, and has since become the chairman of Dongguan CPPCC.
Dongguan is located in the south-central part of Guangdong Province, on the east bank of the Pearl River Estuary and in the Pearl River Delta downstream of Dongjiang River. Because it is located in the east of Guangzhou, it is named after the rich Wancao. It is between 22 39 ′ ~ 23 09 ′ north latitude and 113 31 ′ ~ 114 15 ′ east longitude. The maximum horizontal distance between east and west is 70.45 kilometers, and the easternmost is Yinpingzui Mountain in Qingxi Town, bordering Huiyang District of Huizhou City. The westernmost route is the Lion Ocean Center route in the northwest of Xidatan, shatian town, which borders Panyu District and Nansha District across the sea. The maximum longitudinal distance between north and south is 46.8 kilometers, and the northernmost is Datan Township of Zhongtang Town, which is adjacent to Huangpu District of Guangzhou, Zengcheng District and Boluo County of Huizhou City across the river. The southernmost is Yantian Reservoir in Fenggang Town, which is connected with Baoan District of Shenzhen. The land area of the city is 2460.1 square kilometers, and the sea area is 97 square kilometers. Adjacent to Hong Kong and Macao, it is in the middle of the economic corridor from Guangzhou to Shenzhen. It is 59 kilometers away from downtown Guangzhou in the northwest, 99 kilometers away from downtown Shenzhen in the southeast and 140 kilometers away from downtown Hong Kong.
News clue reporting channel: download the "Qilu Yidian" APP in the application market, or search for the WeChat applet "Qilu Yidian", and 600 reporters in the province will wait for you to report online!
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[mortal twilight] You didn’t look backwards! One pupil saved two college students from drowning!

  It is a good time for spring to bloom.

  Many people like to enjoy flowers in the park.

  But two college students boating in a park in Beijing

  I would never have thought of it

  One day their "savior"

  It would be a primary school student

  What’s going on here?

  On the afternoon of March 27th, Li Shuo, a primary school student who loves outdoor sports.

  Is practicing kayaking on the lake in Chaoyang Park.

  Suddenly I saw a canoe for two in front of me.

  Accidentally rolled over.

  The whole boat was upside down in the middle of the lake.

  Two people on the boat

  Both fell into the cold lake!

  

  At this critical moment

  The pupil is quick of eye and quick of hand.

  Row forward quickly.

  And shouted for help.

  He saw two people falling into the water.

  Seems to want to swim ashore

  But he guessed

  There may be vines in the water.

  You may get entangled in vines when swimming.

  And the lake is cold.

  May cause leg cramps.

  So it is difficult to swim ashore.

  So he shouted for help.

  Calling the drowning man not to swim.

  Row to the position of the drowning man with the fastest speed.

  Quickly rescued a man.

  right after

  Professional rescuers also rushed to the lake.

  Successfully rescued two drowning people ashore.

  fortunately

  Due to timely rescue

  It’s okay for people who fall into the water

  

  After the incident

  The two drowning people are very grateful.

  I came to the school of "savior" specially.

  Send him a banner of thanks.

  

  they say

  "Although the water in the lake is very cold.

  But we feel the warmth of children. "

  It turns out that these two drowning people

  I’m a sophomore.

  Because of the first kayaking.

  Not very manipulative.

  The speed of the ship on the water is very fast again.

  Panic for a moment

  It caused the kayak to roll over.

  Luckily I got it.

  The help of this "full-grade" primary school student

  They are two "novices"

  To be saved quickly

  

  One of the college students also said

  "As the saying goes.

  Look at the old at the age of three, and look at the old at the age of seven.

  This little friend

  There will definitely be good development in the future. "

  Li Shuo’s teacher also said

  "We hope other children.

  Can also be like Li Shuo

  Outside the campus

  Face any problems

  Can do it.

  Calm, positive thinking, benevolent love. "

  I would like to remind all friends and children here.

  If you don’t understand water and are not familiar with operation

  You must not rush to play in the deep water area.

  In case of real danger.

  The consequences are unimaginable!

  

  These two college students are lucky.

  Can meet people who are good at water and know first aid.

  This can be saved in time.

  To this brave and witty little friend.

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  "Fresh" is synonymous with spring. Nowadays, the spring is getting stronger and stronger, and all kinds of fresh spring vegetables, tea and fruits are on the market one after another, bringing people "the taste of spring".

  Shangchao restaurants and e-commerce platforms have seized the opportunity to innovate products and services and enrich consumption scenarios, which has helped the "spring economy" to continue to heat up in this wave of "early adopters".

  The search volume related to spring vegetables continues to rise, which one is good for you?

  The earth is warming up, and spring vegetables are fresh. Fragrant Toona sinensis, tender water bamboo, sweet spring bamboo shoots … As spring vegetables are listed in various places one after another, major supermarkets and e-commerce platforms have launched various forms of "Spring Vegetable Festival", and consumers who go for early adopters are in an endless stream.

  According to the data of the retail platform Meituan Xiaoxiang Supermarket, the sales volume of spring vegetables on this platform has increased by 3.5 times compared with the same period of last year. According to the search data, Shanghai, Beijing, Shenzhen, Guangzhou and Hangzhou are the top five hot cities in the search volume of spring vegetables.

  With so many spring vegetables, which ones do everyone like to eat? According to the data of JD.COM, shepherd’s purse, Chinese cabbage, spring bamboo shoots, children’s vegetables and pea tips occupy the top positions in the hot-selling list of seasonal spring vegetables. Shepherd’s purse, known as "reporting spring vegetables", has become the "top spot" in spring vegetable sales. Up to now, the sales volume of shepherd’s purse accounts for more than 30%, and shepherd’s purse jiaozi, shepherd’s purse scrambled eggs and steamed shepherd’s purse are delicious dishes that people often cook.

  Pinduoduo data shows that since beginning of spring, the search volume related to spring dishes has continued to rise, among which Toona sinensis is the most popular among consumers, and the number of orders in many stores has exceeded 1,000 a week. Red Toona sinensis from Yunnan, Shandong and other places is a favorite of many people. Toona sinensis scrambled eggs, Toona sinensis mixed with tofu and fried Toona sinensis cakes are all delicious dishes.

  Judging from the age of consumers of spring vegetables, the sales volume of spring vegetables consumed by "post-80s" accounts for 46.4%, that of "post-90s" accounts for 22.8%, and that of "post-00s" has the highest year-on-year growth rate among generations.

  It is worth noting that with the continuous improvement of logistics infrastructure such as cold chain and distribution, some "niche spring vegetables", such as Artemisia selengensis and Artemisia selengensis, which were only sold in some areas in the past, gradually broke through geographical restrictions and were put on the table by more consumers, and the sales volume also increased significantly compared with last year.

  Spring tea orders "take off" and many beverage merchants do enough "tea kung fu"

  Spring tea is also a popular "spring fresh" good thing with spring vegetables. At present, many places are welcoming the golden period of spring tea harvest. Guangxi, Sichuan, Hubei, Zhejiang and other major tea producing areas have seized "fresh" mining. In Songyang, Lishui, Zhejiang, an average of 30,000 to 40,000 kilograms of tea are sold to all places every day, from "the mountains" to "the tip of the tongue".

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  As the weather gets warmer, tea gardens all over the country enter the picking period, and tea farmers grab the spring tea to supply the market. This is March 26, when tea pickers picked tea in the tea garden of the first-class protection zone of the origin of West Lake Longjing in West Lake District, Hangzhou (photo of drone).

  In Lingya Village, Linchuan Town, Ruian City, Wenzhou City, Zhejiang Province, with the beginning of the first spring tea picking, tea orders have been "flying" one after another. "The green tea we process does not need to be sold in a tea franchise store or dealership. It is not enough to sell it to enterprises in Wenzhou City in the circle of friends." Wu Zhiping, chairman of Lingya Green Tea Comprehensive Development Co., Ltd. said.

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  As the weather gets warmer, tea gardens all over the country enter the picking period, and tea farmers grab the spring tea to supply the market. This is March 26th. Tea farmers are picking tea in the tea garden of Jiaoyuan Town, Xuanen County, Hubei Province.

  Spring tea attracts guests, and literary travel expands new roads. Along with the order, there are also innovative business models.

  In Pan ‘an County, Jinhua, Zhejiang Province, Longjing tea entered a large-scale picking period. There are also scenic spots such as Wulong Gorge, Fengya Valley and Jinjiyan around the tea garden. Before and after the maturity of spring tea every year, many tourists come from all over the country. Visiting tea gardens, staying in homestays and scenic spots has become a major feature of the integration and development of local agriculture, culture and tourism. According to the local owner who runs the hotel, this year’s hotel reservation is more prosperous than in previous years, and now it has been scheduled for one month.

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  As the weather gets warmer, tea gardens all over the country enter the picking period, and tea farmers grab the spring tea to supply the market. This is March 26th, in Diba Village, Yangliutang Town, shibin, Qiandongnan Miao and Dong Autonomous Prefecture, Guizhou Province, villagers showed the picked spring tea.

  Tea plays an important role in Chinese’s daily life. In order to catch the "spring economy" express train, many beverage merchants have also done enough "tea kung fu". Xicha, together with China Tea Circulation Association, launched a series of activities of "Drinking the first sip of spring tea" in the spring equinox on March 20th, inviting netizens to publish tea gardens, tea life and other related contents and participate in the "tea-seeking tour". Luckin Coffee last Spring Festival tea and coffee package, Naixue tea launched jasmine first snow, Starbucks coffee unlocked the taste of "Qinren matcha".

  Orders increased by over 1600%! Fruit "sales crown" allows businesses to purchase goods by "grabbing"

  Right now, it’s just the right season to taste blueberries. There are some new varieties of domestic blueberries on the market this year. Although they are expensive, they are still selling well.

  Wang Weimin, manager of a fresh supermarket in Shenzhen, Guangdong Province, said that at present, blueberries are the most popular variety in fruits, and the overall sales volume this year has more than doubled compared with last year.

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  With the rise of short video punching, live delivery, online grouping and other modes, consumers who buy blueberries through e-commerce platforms have also experienced explosive growth. According to the data of an e-commerce platform, since the Spring Festival this year (February 18 to March 22), the order volume of domestic blueberries has increased by 1637.65% year-on-year.

  Yunnan is one of the main producing areas for growing blueberries. Recently, orders have poured in from all over the country, and suppliers here often have to deliver goods until two or three o’clock at night. Among them, new varieties of fragrant blueberries are the most sought after.

  Li Yaoyang, a blueberry supplier in Chengjiang City, Yunnan Province, said: "This year, two new varieties have been planted in Yunnan, both of which are crisp, sweet and floral, and they are selling very well. Now we can distribute six or seven tons of blueberries every day."

Have a taste of spring! Spring vegetables, spring tea and spring fruit grab the "fresh" listing to welcome the peak season.

  When CCTV reporters visited Yunnan blueberry producing areas, they found that blueberry fruits matured earlier this year, and buyers from all over the country rushed to place orders, and even there was a phenomenon of "grabbing goods".

  According to the data, more than 27 provinces and cities in China have started commercial blueberry planting. By 2023, the planting area of blueberry in China was close to 1 million mu, and the output reached 347,200 tons, of which the fresh fruit market reached 250,000 tons, ranking second in the world.

  According to the data of an agricultural product trading platform, since the Spring Festival, the purchasing enthusiasm of blueberry products on their platform has increased by more than 11 times.

  As the current fruit "sales crown", the sales of blueberries reflect the booming consumption momentum. Whether it’s spring vegetables, spring tea or spring fruit, have a taste of spring and feel the vitality of "spring economy" together. (Editor: Wang Ying Final Review: Chen Jingchao)

  Comprehensive CCTV News, China News Network, Zhejiang Daily, Lanzhou Daily and other media reports.

Source: Xinhuanet

What is the national comprehensive three-dimensional transportation network like? 4 poles, 6 axes, 7 corridors and 8 channels

  On March 1, Li Xiaopeng, Minister of Transportation, explained in detail the recently issued Outline of the National Integrated Three-dimensional Transportation Network at the press conference of the State Council Office that it is estimated that by 2035, the scale of the national integrated three-dimensional transportation network will reach about 700,000 kilometers.

On March 1, Li Xiaopeng, Minister of Transportation, explained in detail the National Comprehensive Three-dimensional Transportation Network Planning Outline recently issued. The Paper reporter Zhou Yushe

  Li Xiaopeng said that among them, there are about 200,000 kilometers of railways, 460,000 kilometers of highways, 25,000 kilometers of high-grade waterways, 27 major coastal ports, 36 major inland ports, 400 civil transport airports and 80 postal express hubs.

  Li Xiaopeng said that the national comprehensive three-dimensional transportation network will build the main skeleton of a comprehensive three-dimensional network with "6 axes, 7 corridors and 8 channels".

  Li Xiaopeng said that according to the national regional development strategy, the pattern of land space development and protection, especially the traffic demand and traffic time and space distribution forecast of key areas, key areas can be divided into three types. The first type is the economic circle of Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and Chengdu-Chongqing, which has four "poles". In addition to the 4 poles, there are 8 groups and 9 groups.

  Li Xiaopeng said that first of all, six comprehensive, large-capacity, high-speed, multi-channel and three-dimensional spindles should be used to connect these four "poles" to form six axes. In addition, there are 7 corridors between "Pole" and "Group" and "Group", and 8 channels between "Group" and "Group", which are "6 axes, 7 corridors and 8 channels".

  Li Xiaopeng said that in the future, it is necessary to speed up the construction of hubs and simultaneously build comprehensive transportation hub clusters, hub cities and hub ports. Four "poles" — — The twin-city economic circle in Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and Chengdu-Chongqing will build four international hub clusters, and about 20 international hub cities and 80 national hub cities will be built to form about 100 comprehensive three-dimensional transportation hubs.

  Schematic diagram of the main skeleton layout of the national comprehensive three-dimensional transportation network

  According to the National Comprehensive Three-dimensional Traffic Network Planning Outline issued by the Central Committee of the Communist Party of China and the State Council a few days ago, seven corridors and eight passages are as follows:

  Accelerate the construction of seven corridors. Strengthen the radiation function of the four poles in the economic circle of Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and Chengdu-Chongqing, strengthen the connection between poles and groups, build multi-modal, multi-channel and convenient transportation corridors such as Beijing-Harbin, Beijing-Tibet, Continental Bridge, western land and sea, Shanghai-Kunming, Chengdu-Chongqing-Kunming and Guangzhou-Kunming, and optimize and improve the multi-center and networked main skeleton structure.

  Accelerate the construction of eight channels. Strengthen the connection and coordination between the main shaft and the corridor, strengthen the connection between groups and groups, strengthen the connection coverage of resource industry gathering places and important ports, and build traffic passages such as Suiman, Jingyan, Bianbian, Fuyin, Erzhan, Sichuan-Tibet, Xianggui and Xiamen-Rong, so as to promote internal and external connectivity and access to the sea, and expand the coverage of traffic networks in the central and western regions and northeast regions.

The Federal Reserve announced a rate hike of 75 basis points! The dollar index hit a 20-year high.

The "boots" of the Federal Reserve’s interest rate hike in September have landed, but the bitmap suggests that the "super interest rate hike" is still not over.

On September 21, local time, the Federal Reserve announced the interest rate resolution, announcing a 75 basis point interest rate hike. The latest bitmap shows that most Fed officials expect to raise interest rates by 125 basis points during the year. The market expects that the next Fed meeting on interest rates (November) may continue to raise interest rates by 75 basis points.

On that day, US stocks took a roller coaster ride. The three major US stock indexes dived collectively after the announcement of the Federal Reserve’s interest rate decision, and then rose rapidly. At the end of the session, Federal Reserve Chairman Powell dived again from the high platform and finally plunged collectively. The dollar index rose significantly, standing at 111. According to Xinhua News Agency and CCTV news reports, James, Attorney General of New York State, sued former President Trump and others and Trump Group for financial fraud to obtain economic benefits on the 21st. The US House of Representatives passed the presidential election reform bill by 229 votes to 203 votes. Russia will continue to participate in the International Space Station project until 2028.

The US "roller coaster" dollar index stood at 111.

On September 21, local time, the three major US stock indexes collectively took a roller coaster ride.

According to Wind data, during the morning trading hours, the three major indexes of US stocks showed a stable trend, with a cliff diving at 14:00 in the afternoon, and then quickly rose, and then dived again at the end of the session. As of the close of the day, the Dow Jones Industrial Average, Nasdaq and S&P 500 index fell by 1.70%, 1.79% and 1.71% respectively, all hitting new lows in two and a half months.

Source: Wind

While the US stock market is riding a roller coaster, the US dollar index is rising. According to Wind data, as of the end of the day in new york, the US dollar index rose by 1.07% to 111.3731, a record high since 2002.

Source: Wind

The sharp fluctuation of US stocks made the market risk appetite converge, and crude oil turned from rising to falling. According to Wind data, as of 6:00 on September 22nd, Beijing time, NYMEX crude oil and ICE oil fell by 1.06% and 0.37% respectively.

Boosted by risk aversion, gold kept rising. According to Wind data, as of the close of the day, the main contract of COMEX gold futures rose by 0.66%.

Source: Wind

The Federal Reserve announced a rate hike of 75 basis points.

Analysts said that the sharp intraday volatility of US stocks was related to the release of the Federal Reserve’s monetary policy, and the time points of the two sharp dives in the late session of US stocks respectively corresponded to the announcement of the interest rate resolution by the Federal Reserve and Powell’s press conference.

On September 21, local time, the Federal Reserve announced its interest rate resolution in September, announcing a 75 basis point interest rate hike and raising the target range of the federal funds interest rate to between 3.00% and 3.25%. The upper limit of the federal funds interest rate range (IOER) was also raised by 75 basis points, from 2.4% to 3.15%.

This is the fifth time that the Fed has raised interest rates this year, and it is also the third time in a row that it has raised interest rates by 75 basis points, the largest intensive rate hike since 1981.

The Federal Reserve’s interest rate resolution did not give too much description on the table shrinkage, but indicated that it would continue to reduce its holdings of government bonds, institutional bonds and institutional mortgage-backed securities (MBS) according to the table shrinkage route announced in May.

It is reported that in May this year, the Federal Reserve announced the route of reducing its balance sheet, and reduced its bond positions from June 1. Initially, it reduced at most US$ 30 billion in US Treasury bonds and US$ 17.5 billion in institutional MBS every month. After three months, the maximum monthly reduction was doubled.

Powell said at a news conference that in order to bring the inflation rate back to 2% and keep it stable, the Fed will strive to raise interest rates and keep them high until the inflation rate drops. He stressed that according to historical records, the policy cannot be relaxed prematurely.

Fed lowers US economic growth forecast

The Federal Reserve sharply lowered its forecast for US economic growth and raised its inflation forecast.

According to the economic outlook released by the Federal Reserve on the same day, it is estimated that GDP will increase by 0.2% in 2022, far lower than the expected growth rate of 1.7% in June; The expected GDP growth rate in 2023 and 2024 will be lowered from 1.7% and 1.9% to 1.2% and 1.7% respectively. It is estimated that the unemployment rate will rise from 3.7% to 3.8% in 2022, from 3.9% to 4.4% in 2023 and from 4.1% to 4.4% in 2024.

In terms of inflation in the United States, the Federal Reserve expects the PCE inflation rate to rise from 5.2% to 5.4% in 2022, from 2.6% to 2.8% in 2023 and from 2.2% to 2.3% in 2024. It is estimated that the inflation rate of core PCE will rise from 4.3% to 4.5% in 2022, from 2.7% to 3.1% in 2023, and will remain unchanged at 2.3% in 2024.

Regarding the US economy, Powell said that it is impossible to predict whether the interest rate hike process will lead to economic recession and how serious the recession will be. "This will depend on the speed at which wages and inflationary pressures fall, whether expectations remain stable and whether we can obtain more labor supply."

He added that if the policy is more restricted to achieve the 2% inflation target, the possibility of a "soft landing" will be reduced, however, high inflation will bring greater long-term pain.

The bitmap "eagle" is full of gas.

The Fed raised interest rates by 75 basis points in September, which was in line with market expectations. However, the "eagle" gas revealed by the bitmap exceeded market expectations.

The latest bitmap released by the Federal Reserve on September 21st local time shows that most Fed officials expect that by the end of 2022, the Fed will raise interest rates by a total of 125 basis points. This makes it possible to continue to raise interest rates by 75 basis points at the next Fed meeting on interest rates (November), and the market generally expected that the remaining two meetings on interest rates during the year would slow down the rate hike.

The bitmap also shows that Fed officials have raised their interest rate expectations for the next three years across the board: the federal funds rate is expected to be 4.4% at the end of 2022, up 100 basis points from the 3.4% expected in June; The federal funds rate at the end of 2023 was 4.6%, up 80 basis points from the 3.8% predicted in June; The federal funds rate at the end of 2024 was 3.9%, 50 basis points higher than the 3.4% expected in June; The expected federal funds rate at the end of 2025 is 2.9%.

Fed officials predicted that the highest interest rate in three years was 4.6%. Before the Federal Reserve announced the interest rate hike, most Wall Street institutions expected the peak interest rate of the federal funds to be 4% to 4.25%.

The Attorney General of New York sued Trump for financial fraud.

On the 21st, the Attorney General of New York, James, sued former President Trump and others and Trump Group for financial fraud in order to obtain economic benefits. According to this civil lawsuit, Trump falsely exaggerated his net assets with the help of his adult children and Trump Group executives to induce banks to provide loans with more favorable conditions to the group, to induce insurance companies to provide higher insurance coverage but charge lower premiums, and to obtain tax incentives.

The New York State Attorney General’s Office seeks to permanently prohibit Trump and his adult children from serving as executives or supervisors in any company or commercial entity in New York State, prohibit Trump and Trump Group from participating in any real estate acquisition in New York State within five years, and require relevant parties to return about $250 million obtained through fraud.

Trump has not yet responded to this lawsuit. He has repeatedly criticized Democrat James for launching a "political attack" on him, saying that the investigation was "politically driven".

In addition, the U.S. Department of Justice is investigating the situation that Trump took some confidential documents to his private residence when he left the White House early last year. Trump denied wrongdoing.

Us house of representatives passes presidential election reform bill

On September 21, local time, the US House of Representatives passed the presidential election reform bill by 229 votes to 203 votes, which was aimed at responding to some legal problems exposed when supporters of then President Trump tried to prevent Biden’s victory in the election on January 6, 2021.

The presidential election reform bill reaffirms that the role of the vice president in proving the election is ceremonial, and greatly increases the number of members in each house who oppose voter certification, from only one member to one-third of the members in the house. In addition, the bill requires the court to intervene if state or local officials want to postpone voting in the presidential election or refuse to prove the voting results.

A fire at an oil refinery in the United States killed two people.

The US branch of BP said on the 21st that a fire broke out in an oil refinery in Ohio, USA, killing two employees.

The company said in a statement on the same day that the fire was put out on the evening of the 20th and the refinery was closed. The video on social media showed that on the evening of the 20th, the refinery was filled with smoke and the fire was fierce. At present, the cause of the fire and the damage to the refinery facilities are not clear.

According to the website of BP’s American branch, the refinery has a history of hundreds of years, and the maximum daily processing capacity of crude oil can reach 160,000 barrels.

Russia will continue to participate in the International Space Station project until 2028.

Borisov, president of the Russian National Aerospace Corporation, said at the Baikonur launch site on the 21st local time that Russia is likely to continue to participate in the International Space Station project until 2028.

Borisov had previously reported to President Putin that after 2024, Russia would begin to withdraw from the International Space Station project and build its own orbiting space station. The United States and other European countries plan to use the International Space Station until 2030. They didn’t comment on Russia’s plan to quit the International Space Station in 2024, because they didn’t receive a formal notice from Russia.

After that, borisov explained that he meant that Russia would not leave the International Space Station earlier than 2024, but the exact withdrawal time would be determined in the future. Sergei Krikalyov, head of manned project of Russian National Aerospace Corporation, said that the time for Russia to withdraw from the International Space Station project will depend on the technical status of the space station, which may be 2025, 2028 or 2030.

Original text transferred from: china securities journal
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These advertisements are forbidden to be published! The new Internet advertising regulations will be implemented in May.

  Beijing, March 25 (Xinhua) Recently, the General Administration of Market Supervision announced the Measures for the Administration of Internet Advertising, which will be implemented on May 1.

  The Measures further clarify the responsibilities of advertisers, Internet advertising operators and publishers, and Internet information service providers; Actively respond to social concerns, and regulate behaviors such as pop-up advertisements, open-screen advertisements, and using smart devices to publish advertisements; Refined the advertising supervision rules in key areas such as "soft-text advertising", Internet advertising with links, bidding ranking advertising, algorithm recommendation advertising, live Internet advertising, and disguised advertising subject to censorship; The new regulations on the jurisdiction of advertising spokespersons provide an important institutional guarantee for strengthening the supervision and law enforcement of Internet advertising, and also give new momentum to the standardized and orderly development of Internet advertising.

  Webpage screenshot

  Specifically, the Measures make the following provisions:

  These advertisements are prohibited from being published.

  — — No unit or individual may use the Internet to design, produce, act as an agent or publish advertisements for products or services whose production and sale are prohibited by laws and administrative regulations, or for goods or services whose advertising is prohibited.

  It is forbidden to use the Internet to publish tobacco (including electronic cigarettes) advertisements. It is forbidden to use the Internet to publish prescription drug advertisements. Where there are other provisions in laws and administrative regulations, such provisions shall prevail.

  — — It is forbidden to publish advertisements for medical treatment, medicines, medical devices, health foods and formula foods for special medical purposes in disguised form by introducing health and health preservation knowledge.

  When introducing health and health preserving knowledge, the address, contact information, shopping links and other contents of commodity operators or service providers related to medical treatment, medicines, medical devices, health food and formula food for special medical purposes shall not appear on the same page or at the same time.

  — — Advertisements for medical treatment, medicines, health foods, formula foods for special medical purposes, medical devices, cosmetics, alcohol, beauty, and online game advertisements that are not conducive to the physical and mental health of minors shall not be published on websites, webpages, internet applications, WeChat official account and other Internet media aimed at minors.

  These advertisements are subject to censorship.

  Advertisements that should be examined according to laws and administrative regulations such as advertisements for medical treatment, medicines, medical devices, pesticides, veterinary drugs, health foods and formula foods for special medical purposes shall be examined by the advertisement examination organ before publication; Without review, it shall not be published.

  Internet advertisements subject to censorship shall be published in strict accordance with the contents examined and approved, and shall not be edited, spliced or modified. If the contents of advertisements that have been examined and approved need to be changed, they shall re-apply for advertisement examination.

  Advertisers shall clearly indicate "advertising"

  Internet advertisements should be identifiable and enable consumers to identify them as advertisements.

  For the goods or services ranked by bidding, the advertisement publisher should clearly mark "advertisement", which is obviously different from the natural search results.

  Except in cases where laws and administrative regulations prohibit the publication or disguised publication of advertisements, if a commodity or service is promoted through knowledge introduction, experience sharing, consumption evaluation and other forms, and a shopping link is attached, the advertisement publisher shall clearly indicate "advertisement".

  Who is responsible for the authenticity of the advertising content?

  Advertisers should be responsible for the authenticity of Internet advertising content.

  When an advertiser publishes an Internet advertisement, the subject qualification, administrative license, citation content, etc. shall meet the requirements of laws and regulations, and the relevant certification documents shall be true, legal and effective.

  Advertisers can publish their own advertisements through self-built websites, their own clients, Internet applications, WeChat official account, online shop pages and other Internet media, or they can entrust advertising agents and publishers to publish advertisements.

  Advertisers who publish Internet advertisements by themselves shall comply with the requirements of laws and regulations, establish advertisement files and update them in time. The relevant files shall be kept for not less than three years from the date of termination of advertising.

  When an advertiser entrusts to publish an Internet advertisement, it shall notify the advertising agents and publishers who provide services to it in a timely manner in written form or in other ways that can be confirmed.

  How to standardize "live broadcast with goods"?

  Where a commodity seller or service provider promotes a commodity or service through live Internet broadcast, which constitutes a commercial advertisement, it shall bear the responsibilities and obligations of the advertiser according to law.

  If the operator of the live broadcast room is entrusted to provide advertising design, production, agency and publishing services, it shall bear the responsibilities and obligations of the advertising operator and publisher according to law.

  Live marketing personnel who are entrusted to provide advertising design, production, agency and publishing services shall bear the responsibilities and obligations of advertising operators and publishers according to law.

  Live marketing personnel who recommend and prove goods and services in their own names or images, which constitute advertising endorsements, shall bear the responsibilities and obligations of advertising spokespersons according to law.

  "Make sure to close with one button"

  When publishing Internet advertisements in the form of pop-ups, advertisers and advertisement publishers shall clearly mark the closure sign to ensure one-click closure, and shall not have any of the following circumstances:

  (1) The advertisement can only be closed if there is no closing sign or the time is over;

  (two) the closure sign is false, unclear or difficult to locate, etc., which sets obstacles for the closure of advertisements;

  (three) to close the advertisement, it must be clicked twice or more;

  (four) in the process of browsing the same page and the same document, continue to pop up advertisements after closing, which will affect the normal use of the network by users;

  (five) other acts that affect the one-button closure.

  The provisions of the preceding paragraph shall apply to the open-screen advertisements displayed and released when the Internet application is started.

  Do not mislead users to browse advertisements in these ways.

  Do not cheat or mislead users to click or browse advertisements in the following ways:

  (a) false system or software update, error reporting, cleaning, notification and other tips;

  (two) false signs such as playing, starting, pausing, stopping and returning;

  (3) False reward promises;

  (four) other ways to deceive and mislead users to click and browse advertisements.

  It shall not affect the normal use of the network by users.

  The use of the Internet to publish and send advertisements shall not affect users’ normal use of the Internet, and shall not insert bidding advertisements into the results of searching government service websites, webpages, Internet applications, WeChat official account, etc.

  Without the user’s consent, request or clear refusal, no Internet advertisement shall be sent to his means of transportation, navigation equipment, smart home appliances, etc., and no advertisement or advertisement link shall be attached to the e-mail or Internet instant messaging information sent by the user. (End)

Understand the "past lives" of the Yellow River in 300 seconds →

The Yellow River is the second largest river in China and is known as the mother river of Chinese civilization. However, do you really understand its true face and past lives? Click on the video to watch ↓

The Yellow River is an ecological corridor connecting the Qinghai-Tibet Plateau, the Loess Plateau and the North China Plain.

Four thousand years ago, three Chinese ancestors, Huangdi, Yandi and Chiyou, thrived in the Yellow River Basin.

The administrative centers of Xi ‘an and Luoyang in the 13th dynasty, Kaifeng in the 8th dynasty and Anyang in the 7th dynasty were all in the Yellow River basin. There are 1,593 recorded breakwaters in the lower reaches of the Yellow River, which must be broken every three years on average.

The Yellow River has undergone eight important diversions. Those who are good at governing the country in the past dynasties must first control the water. The so-called "Yellow River is peaceful, and the world is peaceful".

Weihe River is the largest tributary of the Yellow River, and it has bred the rich 800-mile Qinchuan-Guanzhong Plain.

There are eight deserts and four sandy lands in China, and five of them are in the middle reaches of the Yellow River. The Yellow River is harmful in the lower reaches, sick in the middle reaches and rooted in sediment.

In 1957, the Sanmenxia water conservancy project broke ground and was first impounded in September 1960.

The Xiaolangdi project, completed in 2001, raised the flood control standard of the downstream Huayuankou from once in 60 years to once in a thousand years.

The construction of the Three-North Shelterbelt effectively controls the loss of sediment on the Loess Plateau. Sanjiangyuan Ecological Protection Zone has steadily improved the water conservation capacity of the upstream.

Today, the Yellow River has already realized the An Lan, telling the magnificent history of the people’s governance of the Yellow River.

△ Click on the picture to watch the program content.

CCTV News is launching the 13th special program "Follow the Yellow River into the Sea", starting from the source of the Yellow River with you, crossing nine provinces and regions, and seeking the "mother river" in Wan Li. Watch the Yellow River Jiuqu, listen to the deafening sound of the waves, and visit people on the side.

(Editor He Xiaonan)