CCTV News:The report "China Gold Market Outlook in 2022" released by the World Gold Council yesterday (February 15th) shows that the demand and consumption of gold in China will achieve a "good start" in 2022. From New Year’s Eve to the Lantern Festival, China’s gold consumption increased by 12% year-on-year.

　　The report "China Gold Market Outlook in 2022" shows that although the global economy continues to slow down in 2022, the prospect of gold demand in China is very optimistic, especially during the Spring Festival, a traditional festival in China, gold products with the theme of "tiger" are deeply loved by consumers. According to the analysis of insiders, influenced by multiple factors, China gold market has achieved a "good start".

　　According to the report, another feature of China’s gold market is that the pricing transparency of China’s gold jewelry market is higher, and the change of young consumers’ taste and mentality for gold jewelry is getting better and better.

Special feature of 1905 film network The New Year’s Day slot ended with a total box office of 1.02 billion, but the afterheat of four main films of the New Year’s Day slot still lingered. In the next two weeks, we ushered in a number of new films of different types to be centrally booked as the transition period after the New Year’s Day slot. Will the "post-New Year’s Day slot" make a good start for the upcoming Spring Festival slot?

Every year, there is a slot between New Year’s Day and Spring Festival, which is close to one month. This slot is not popular in the traditional sense, but as a transition between the two big slots, many films with relatively less outstanding sales will choose to be released at this time.

Wu Yanyu, a film critic, mentioned: "Last year and the year before last, many domestic films were in a state of backlog, which was a stock, and it was also a storage period, so many films would choose to be released at this time. These films may be’ small and beautiful’ and don’t expect to be an explosion, but you can take a look at this schedule. "

Because it is during the winter vacation, the largest number of films released after the New Year’s Day this year are cartoons, such as those produced by Disney, and animated movies that have assembled many classic animated images in China.

For the "off-season" of this film market, there are also many small and medium-sized films, which are chosen to be released at this time: for example, the film with the theme of Northeast China, the first Chaoshan family comedy film, and the film focusing on ice and snow sports.

Among many films, as the first Hollywood blockbuster in the new year, it was the first to announce the final file, and now the number of people who want to see it has reached hundreds of thousands. The IP "Matrix" has a broad audience base, and it is also the only Hollywood blockbuster in this schedule. Can "Matrix Restart" set off a movie-watching craze?

Wu Yanyu is not optimistic about the box office performance of "The Matrix Restart": "On the one hand, the word-of-mouth of the film has slightly collapsed overseas, on the other hand, it has chosen a very bold distribution method, and the network is synchronized. This time, basically, it can be said that the bottom has been seen overseas, but because the audience base is indeed relatively large, the basic film should still be able to be maintained. It is really difficult to predict whether more people can enter the cinema by word of mouth. "

Every year after the New Year’s Day, New Year’s Day movies are the main growth force of the box office. This year, both "Hug You Through the Winter" and "Hug You Through the Winter" have a strong box office appeal, including the fact that the film continues to release materials on Tik Tok and other social platforms. It can be seen that the film still hopes to get more long tail effects in the future.

At the same time, the Spring Festival movies can be said to be menacing. So far, eight films of different types have been booked for the Spring Festival, and then there will definitely be a flood of promotional materials, which will impact the popularity of the films released in mid-January to some extent.

Huang Xiaomin, deputy director of the marketing department of UME Film Group, a Chinese cultural cinema line, mentioned the film arrangement in this schedule: "It will be relatively stable after New Year’s Day and before the Spring Festival. Now, January is definitely dominated by richness, and Hollywood blockbusters will definitely give themselves a reasonable space, especially on weekends. In terms of film arrangement, it will also give the family audience a certain space, and more customers will put the viewing opportunity on the Spring Festival later. "

For films after New Year’s Day, it is actually better for the overall market if the market can keep the two movie-watching enthusiasm of New Year’s Day and Spring Festival in a relatively stable state. However, from the perspective of the overall film market and the broader market, it is not the big schedule that leads to high box office, but there are also excellent films between the big schedule and the big schedule, and there are also relatively less cold market situations, which is more beneficial to the China film market.

The author learned from the conference on the publicity and deployment of the Regulations on the Decoration and Renovation of Lianyungang Residential Quarters (hereinafter referred to as the Regulations) held on April 19 that the Regulations will be officially implemented on May 1. In the future, a written contract must be signed for building decoration activities, and it is strictly forbidden to carry out acts that affect the structural safety of buildings, and shall not endanger the legitimate rights and interests of other residents. 　　

The "Regulations" stipulate that if the decorator entrusts the decoration contractor to undertake the decoration project, it shall sign a written contract. If the main building or load-bearing structure is changed, the design scheme proposed by the original design unit and the examination opinions issued by the urban housing safety appraisal institution shall be submitted, and the approval procedures shall be handled in accordance with the regulations. In the specific decoration, it is strictly forbidden to implement the behavior that affects the building structure and production safety. The decorator shall post a public notice board in a prominent position in the residential area and at the decoration site, and the information such as the contact telephone number, construction time, supervision unit and supervision method of the decorator and the person in charge of the construction party. At the same time, effective measures should be taken to prevent or reduce the harm and pollution caused by waste gas, waste water, dust, vibration, noise, solid waste and construction lighting. It is forbidden to carry out noise-producing decoration in residential quarters from 12: 00 to 14: 00, from 19: 00 to 8: 00 the next day, and on legal rest days, holidays, senior high school entrance examination days and college entrance examination days. In decoration, effective measures should also be taken to avoid or reduce noise pollution to surrounding residents. 　　

Relevant departments and units will establish a supervision information platform for the decoration and renovation of residential quarters, and implement dynamic supervision on the decoration and renovation projects of residential quarters. In violation of the provisions of the "Regulations", the relevant departments shall be ordered to make corrections, and those who refuse to make corrections shall be given warnings and fines. Reportedly, residential quarters refer to areas where residential buildings are relatively concentrated in urban and rural areas, as well as shops, office buildings, public houses and community supporting houses that are brought into the property quarters for centralized and unified management.

　　The east is not bright and the west is bright. There are many "friends" and many roads. Under the background of shrinking global demand, China’s foreign trade "friend circle" has been expanding, and a large number of foreign traders have also taken the initiative to attack new markets that were almost blank before.

　　Homeopathy for

　　According to customs data, in the first half of this year, the national import and export decreased by 4.7%, exports by 3.2% and imports by 6.7%. Specifically, among the 26 major countries (regions), 7 countries (regions) showed positive growth in imports and exports, and 8 countries (regions) achieved positive growth in exports.

　　Among them, the export growth rate to Russia is the fastest, reaching 78.1%, followed by Singapore, with a year-on-year increase of 37.2% and South Africa with a growth rate of 13.9%. In addition, China’s exports to ASEAN, Malaysia and Thailand increased by 1.5%, 2.5% and 0.4% respectively. Exports to Australia increased by 0.7%.

　　"Our export growth to Russia far exceeds that of other regions." Liu Mingyang, general manager of Yiwu Ouchi Import & Export Co., Ltd. told CBN that the export to Russia increased by more than 50%, while in other regions it was generally around 20%. In addition to Russia, Southeast Asia is the new market they will focus on this year.

　　Liu Mingyang is a foreign trade veteran in the field of cross-border e-commerce. Benefiting from the rising trend of cross-border e-commerce, the company’s export performance rose against the trend, and he also learned the ability to flexibly adjust the market with the help of big data. In fact, targeting the main battlefield at Southeast Asia and Russia is a strategic change he made in the second half of last year. The way is to use the digital technology of cross-border e-commerce to find markets with rapid demand growth and corresponding hot products at a lower cost, and then find matching buyers through hierarchical management to realize the so-called "finding the blue ocean in the Red Sea".

　　In his words, it is very difficult for Chinese to sell a product in a strange overseas market, because he doesn’t know the local living habits, and by using digital methods, he can quickly grasp the real and specific needs of overseas markets and help them to have a definite purpose.

　　Like Liu Mingyang, Su Wei, the general manager of Shanghai Zhongda Kangjin International Trade Co., Ltd., also belongs to the trend.

　　Su Wei told CBN that they will focus on developing the "Belt and Road" market this year. Affected by trade friction, they found a cooperative garment factory in Vietnam as early as 2017. Last year, about 20% of the production capacity was placed in Vietnam and 80% stayed in China. Vietnam’s investment stranded by the epidemic is expected to continue to expand this year, which also allows them to target the market in Vietnam and its surrounding areas.

　　Affected by the global economic downturn and the outward shift of production capacity in Southeast Asia, Su Wei said that as a OEM of European and American clothing brands, their overall export decline was more serious this year, and the sales of one international brand were halved, and the orders they received were also discounted.

　　In addition to looking for more cooperation from international brands, Su Wei saw the growing demand for localization of supply chain from brands under the downward background. On the one hand, the orders originally produced in China for export to Europe and the United States are indeed being "de-China" more and more, which urges them to continue to increase the proportion of production in Vietnam and at the same time explore the local and Southeast Asian markets; On the other hand, the production lines of international brands aimed at China’s mainland market are becoming more and more localized. "They hope that the products in China market are different from those in other countries, and they also hope that all these products will be produced in China to get a faster response.". This adjustment has also enabled them to gain more orders for the China market.

　　Yuan Xiumei, general manager of Zhejiang Zhihua Home Textile Technology Co., Ltd., has just returned from an exhibition in Australia, which is the new market they will focus on this year. She told CBN that to open up a blank market, it is necessary to understand the market through various channels, then find products that are not available in the market, and then introduce these new products to local customers in a targeted manner, "if you are interested, you will go to the local area to pursue victory."

　　Lv Daliang, spokesman of the General Administration of Customs and director of the Statistics and Analysis Department, said at the press conference of the State Council Office on July 13th that in recent years, the vast number of foreign trade enterprises in China have fully exerted their subjective initiative, actively responded to the changes in the international market, pioneered and innovated, and while stabilizing economic and trade exchanges with developed economies, they have also explored regional markets such as developing countries and ASEAN, and made positive progress in the diversification of trade markets.

　　Apart from ASEAN, in terms of RMB, China’s import and export scale to Latin America, Africa and Central Asia increased by 7%, 10.5% and 35.6% respectively in the first half of the year, both higher than the overall import and export growth rate in the same period. Since 2020, ASEAN has maintained its position as China’s largest trading partner for three consecutive years. China’s import and export to Latin America has maintained positive growth for six consecutive years, and exceeded 3 trillion yuan in 2022. The five Central Asian countries have become new growth points of China’s foreign trade. Last year, the growth rate of China’s import and export to the five Central Asian countries was higher than that of the whole import and export in the same period. At the same time, China’s import and export to countries along the Belt and Road increased by 9.8%, 7.7 percentage points higher than the overall growth rate, accounting for 34.3%, up 2.4 percentage points year-on-year; Imports and exports to other members of RCEP (Regional Comprehensive Economic Partnership Agreement) increased by 1.5%.

　　The change of foreign trade "friends circle" has made the demand for cross-border transportation of China-Europe trains strong.

　　According to the data of China National Railway Group Co., Ltd., in the first half of this year, 8,641 trains were operated in China and Europe, and 936,000 TEUs were delivered, up by 16% and 30% respectively. Among them, there were 4,620 trains and 499,000 TEUs, up by 16% and 29% respectively. The return journey was 4,021 trains and 437,000 TEUs, up by 16% and 31% respectively. Up to now, China-Europe trains have accumulated more than 73,000 trains and 6.9 million TEUs over the years, reaching 216 cities in 25 European countries.

　　make one’s way up stream

　　In the battlefield of global trade, there are both wise men who follow the trend and warriors who go upstream.

　　Customs data show that in the first half of this year, China’s import and export to the EU, the second largest trading partner, decreased by 1.4% compared with last year, while exports and imports decreased by 6.6% and 1.4% respectively. Imports and exports to the United States, the third largest trading partner, fell by 14.5%, while exports and imports fell by 17.9% and 3.7% respectively.

　　For Wei Guowen, general manager of Ningbo Baolinda Import & Export Co., Ltd., even though the American market is shrinking as a whole, there are still a lot of business opportunities. This almost blank battlefield for them is in line with their original European-oriented market positioning — — They are all mid-to-high-end mature markets willing to pay for brands and personalized IP.

　　Wei Guowen told CBN that after several years of product development and customer communication, the American market has finally increased this year. "This year, the American line has grown very fast, making up for the decline in Europe and bringing about the overall growth in the first half of this year."

　　Ding Yandong, general manager of Ningbo Remankes Door and Window Fittings Co., Ltd., has visited nearly ten countries this year and plans to leave for Australia and the United States in the second half of the year. The United States is actually a land that this "trapeze artist" has never set foot on.

　　"The previous orders have been good, and they have not paid attention to the US market. To a certain extent, they are also affected by technology, equipment and personnel." Ding Yandong told CBN that with the improvement of the enterprise’s own technical iteration and market development ability in recent years, they decided to go to the United States to explore new markets this year, and at the same time, they also took samples to meet customers who had contacted but had not successfully placed orders.

　　In order to improve the success rate of taking orders, Ding Yandong had communicated with five or six customers in the United States for several rounds before leaving, "I will try to win the order when I meet you". If it goes well, it is expected that the order I can win will account for about 15% of the company’s annual orders.

　　In addition to opening up the blank market, Ding Yandong also plans to build his own factory and expand production capacity. In the face of the current grim situation, this kind of investment behavior is not brave. In his view, the company’s volume is still small, the space for decline is limited, and the space for growth is still bigger. In the period when the market lacks confidence, contrarian investment can get sufficient policy support and land and equipment at the right price. Therefore, taking advantage of the adjustment period to expand the market territory and open up more new markets will be the driving force and business opportunities for them to maintain their growth in recent years.

　　In the first half of this year, although Ding Yandong also felt obvious downward pressure from May to June, the company as a whole still maintained a growth rate of around 20%. According to his estimation, the landing of the new factory in two years will multiply the production capacity several times. He has a preliminary plan on whether the future production capacity can be saturated — — It can be co-built and shared with partners in the industrial chain. More generally speaking, it will be one of the ways for them to realize transformation and upgrading in management and operation from today’s venue tenants to future landlords.

　　"Since the beginning of this year, the external challenges faced by foreign trade have obviously increased. the State Council has timely introduced policies and measures to fully support foreign trade enterprises to explore the market. In general, in the face of a severe and complicated external environment, foreign trade withstood the pressure in the first half of the year and showed strong resilience. " Li Xinggan, director of the Foreign Trade Department of the Ministry of Commerce, said at the press conference on July 19th that looking forward to the second half of the year, China’s foreign trade is facing many uncertain, unstable and unpredictable factors, and the economic and non-economic factors are intertwined, so the situation is extremely severe. However, the supply chain of China’s foreign trade industry chain has strong resilience, and China’s foreign trade enterprises are tempered and grown up in the international market competition, with inherent innovation ability. The throughput of foreign trade goods and containers monitored by the transportation department is also increasing, and the actual cargo entry and exit is still relatively active. Therefore, we are optimistic about the prospects of foreign trade in the second half of the year.

　　★ Focus on this month ★

　　"730 meeting" set the tone

　　The government accelerated the tightening of financing for housing enterprises.

　　At the 730th meeting of this month, the Political Bureau of the Central Committee once again reiterated the need to implement the long-term management mechanism of real estate, and proposed for the first time not to use real estate as a short-term means to stimulate the economy. This is the government’s latest statement on the real estate industry, and it is also a warning that the real estate is slightly overheated some time ago. In fact, before the meeting was set, the government had tightened the financing of housing enterprises several times in July: from 6 th to 10 th, the China Banking Regulatory Commission interviewed some trust companies about the problems in financing housing enterprises; On the 12th, the National Development and Reform Commission (NDRC) issued a notice on the relevant requirements for filing and registration of foreign debts issued by housing enterprises, which put forward higher requirements for housing enterprises to issue overseas debts. On the 29th, the central bank announced at the symposium on the adjustment and optimization of credit structure of banking financial institutions that it should strengthen supervision over the loan behavior of large-scale housing enterprises with high leverage. Under a series of government control, it is expected that the financing environment of housing enterprises will be mainly tightened in the second half of the year.

　　The amount of bonds issued by housing enterprises at home and abroad has risen sharply.

　　The financing cost has been reduced.

　　The total financing of 95 typical real estate enterprises this month was 153.446 billion yuan, up 55.3% from the previous month and 63.2% from the same period last year. Among them, the total amount of bonds issued by enterprises at home and abroad this month was 83.53 billion yuan, up 104.2% from the previous month, only lower than the level of bonds issued in January and March 2019. This month, the financing cost of housing enterprises issuing bonds was 6.86%, down 0.57 percentage points from the previous month; Among them, the financing cost of overseas bonds was 7.55%, which was 0.70 percentage points lower than that in June, mainly because a number of low-cost housing enterprises issued a large amount of bonds in July, which structurally lowered the financing cost.

　　Zhongliang Holdings officially went public.

　　There are 9 real estate companies and property companies to be listed.

　　On the 16th of this month, Zhongliang Holdings was officially listed, and Hehong Services under Hehong Real Estate was also listed on the 12th. No housing enterprises or property companies under the housing enterprises submitted listing applications. Therefore, as of the end of July, there were 6 real estate enterprises and 3 property companies owned by real estate enterprises waiting for IPO on the Hong Kong Stock Exchange.

　　China Jinmao introduced Ping An into the second largest shareholder through rights issue.

　　On 26th of this month, China Jinmao announced the introduction of Ping An as the second shareholder, and Ping An subscribed for 1.787 billion shares of Jinmao for about HK$ 8.6 billion. After the subscription, Jinmao newly issued 169 million shares, and the shares subscribed by Ping An accounted for about 15.20% of the enlarged issued share capital.

　　Produced by Kerry

　　Corporate bond issuance

　　Bond issuance: up 104% from the previous month, but overseas bond issuance is limited, and the future is not optimistic.

　　The total financing of 95 typical housing enterprises this month was 153.446 billion yuan, up 55.3% from the previous month and 63.2% from the same period last year. In terms of specific financing methods, domestic debt financing was 74.939 billion yuan, up 34.9% from the previous month; At the same time, the amount of overseas debt financing was 72.25 billion yuan, up 123% month-on-month, and the amount of overseas financing increased greatly month-on-month, only lower than that in January 2019.

　　Among them, the total amount of corporate bonds issued at home and abroad this month was 83.53 billion yuan, up 104.2% month-on-month, which was significantly higher than that in June, only lower than that in January and March 2019. In terms of specific financing methods, the issuance of overseas bonds was 58.93 billion yuan, up by 104.0% month-on-month. Among them, before the introduction of the new regulations on restricting overseas bond issuance on July 12, housing enterprises issued 16 overseas bonds totaling 39.6 billion yuan. After the introduction of the new regulations, housing enterprises issued 9 overseas bonds totaling 19.3 billion yuan. The introduction of the new regulations has restricted the overseas bond issuance of some enterprises, and the amount of overseas bond issuance of housing enterprises is expected to decrease slightly in the future. Domestic bonds increased by 104.9% month-on-month, of which corporate bonds increased by 99.3% month-on-month to 14.65 billion yuan, and medium-term notes increased by 260% month-on-month.

　　The financing cost this month was 6.86%, down 0.57 percentage points from the previous month; Among them, the financing cost of overseas bonds was 7.55%, which was 0.70% lower than that in June, mainly because a number of low-cost real estate enterprises issued a large amount of bonds in July, which reduced the financing cost structurally. For example, CNOOC Real Estate issued 2 billion Hong Kong dollars and 450 million US dollars of overseas bonds in July, with interest rates of 2.95% and 3.45% respectively, and China Jinmao issued 500 million US dollars of overseas priority notes with interest rate of only 4.25%. In 2019, as of July, the financing cost of new bonds in real estate enterprises was 7.18%, up by 0.71 percentage points over the whole year of 2018. Among them, the financing cost of overseas bonds reached 8.21%, an increase of 1.06 percentage points over 2018.

　　In terms of specific corporate performance, Shimao Real Estate issued the highest amount of bonds in July, with a total amount of 6.885 billion yuan. On July 9, Shimao issued a $1 billion overseas priority bill. The lowest financing cost this month is a RMB 1 billion ultra-short financing bond issued by Xiamen International Trade (600755), with an interest rate of 2.69%. In addition, the interest rates of HK$ 2 billion and US$ 450 million of overseas bonds issued by China Shipping are 2.95% and 3.45%, respectively. Among them, US dollar bonds have the lowest interest rate and the lowest spread for Chinese real estate enterprises in the same year, with a fixed interest rate of HK$ 2 billion for 55 years.

　　Term of bonds: 53.099 billion yuan of bonds due this month.

　　This month, there are 26 corporate bonds due from real estate enterprises, with a total amount of 53.099 billion yuan, and the highest maturity amount is 6.8 billion yuan of corporate bonds issued by China Evergrande in July 2015. In addition, the overseas bonds of 600 million euros issued by China Shipping Real Estate on July 9, 2015 are also scheduled to expire in July. In addition, three bonds of Jinke (000656) and Rong Sheng Development (002146) have also expired.

　　Pay attention in advance that there will be 14 bonds due in August 2019, with a total amount of 17 billion yuan. The enterprise with the highest single amount is a $450 million overseas priority bill issued by Lujin Infrastructure on August 9, 2016.

　　Listing and stock

　　Housing enterprises to be listed: there are 9 queuing housing enterprises and property companies.

　　No real estate enterprises submitted listing applications to the HKEx this month, and as Zhongliang Holdings was officially listed on the 16th, as of the end of July, there were six real estate enterprises waiting for IPO on the HKEx, namely Huijing Holdings, Hellenborg China Holdings, Aoshan Holdings, Xinli Holdings, Wanchuang International and Jingyi Mingbang.

　　As for the property management companies under the housing enterprises, no property companies submitted listing applications to the Hong Kong Stock Exchange this month. On the 2nd of this month, Yincheng Life Service under Yincheng International submitted a listing application to the Hong Kong Stock Exchange, and on the 12th, Hehong Service under Hehong Real Estate was officially listed. Therefore, as of the end of July, there are three property management companies under the real estate enterprises waiting for IPO on the Hong Kong Stock Exchange: Xinyuan Property Service, Blu-ray Garbo Service and Yincheng Life Service.

　　IPO and additional issuance: Zhongliang was successfully listed, and Jin Mao introduced Ping An as the second shareholder.

　　On the 16th of this month, Zhongliang Holdings was listed on the Hong Kong Stock Exchange at an offering price of HK$ 5.55 per share. According to this offering price, the net proceeds from the global offering are estimated to be about HK$ 2.773 billion. The completion of the listing of Zhongliang Holdings marks that all the top 30 large-scale housing enterprises have been listed, and it also allows Zhongliang to successfully enter the capital market. In 2018, Zhongliang’s net debt ratio was 58.1% and the weighted financing cost was 9.9%. After listing, enterprises can increase financing efforts and reduce financing costs, and can accelerate the development of enterprises with the help of capital.

　　As for the property management company under the real estate enterprise, Hehong Services under Hehong Real Estate was listed on the 12th this month, with a global sale of 100 million shares, with a net proceeds of HK$ 77.1 million. So far, in 2019, three property companies owned by real estate enterprises have successfully listed.

　　In terms of additional shares, this month, China Jinmao announced the introduction of Ping An as the second largest shareholder, which is another shareholding in large-scale housing enterprises after Ping An invested in Huaxia Happiness (600340) last year. This time, Ping An subscribed for about 1.787 billion shares of China Jinmao for about HK$ 8.6 billion. Immediately after the subscription, China Jinmao issued another 169 million shares, with a net financing of about HK$ 815 million. Therefore, the shares acquired by Ping An accounted for about 15.20% of the enlarged issued share capital. For China Jinmao, the introduction of Ping An, a financial giant, can not only help enterprises to bring more cooperation opportunities, but more importantly, it can broaden the financing opportunities of enterprises in disguise, open channels for enterprise funds and maintain the stability of enterprise capital chain under the situation of continuous tightening of financing.

　　On the 30th of this month, Zhengrong Group announced the completion of placing about 245 million shares at a price of HK$ 4.95 per share, accounting for about 5.60% of the issued share capital of the company after allotment and subscription. The net proceeds from this Zhengrong rights issue financing are about HK$ 1.199 billion, which will be used for possible future investment purposes and as general working capital.

　　Changes in equity: Jianye stock held by Kaide clearance.

　　This month, a number of real estate enterprises have seen shareholders increase their holdings and reduce their holdings of the company’s shares. At the beginning of the month, CapitaLand cleared its shares in Jianye Real Estate and sold them all to Enhui Investment under the name of Hu Baosen. This time, CapitaLand’s clearance of Jianye shares is mainly due to the long-term development of Jianye Real Estate in Henan Province, which is outside the core urban agglomeration of CapitaLand’s layout. Stripping investment in Jianye can enable CapitaLand to reallocate capital in its core business and invest in other opportunities, which is the need of CapitaLand’s strategic adjustment.

　　Stock price changes: the performance of real estate stocks was relatively weak throughout the month.

　　This month, the overall performance of real estate stocks was weak, and less than 40% of real estate stocks in both A shares and H shares rose in the whole month. In terms of H-shares, Baolong Real Estate has a relatively large increase this month, with a monthly increase of 22.82%. Except for a small consolidation at the end of the month, it is basically in an upward channel for the whole month. This is mainly because Deutsche Bank gave Baolong a "buy rating" for the first time at the end of June, and it was also the fifth institution to give Baolong Real Estate a "buy rating" after the release of Baolong’s 2018 financial report, following Citigroup, Dahua Jixian, Agricultural Bank of China International and Southwest Securities (600369), which greatly boosted market confidence.

　　In terms of A-share housing enterprises, the share price of Daming City (600094) experienced two waves of continuous rise in the first week and the middle of this month. Although the overall real estate stocks suffered heavy losses at the end of the month, the overall increase still reached 21.78% in July, which was a big increase among real estate stocks.

　　Other capital operation

　　There is little cooperation between housing enterprises and financial institutions this month. It is worth mentioning that China Aoyuan announced on the 19th that it plans to acquire 13.86% shares of Centennial Life for 3.262 billion yuan, which will become the largest shareholder of Centennial Life after the transaction is completed. In December 2018, Greentown announced that it would acquire 11.55% shares of Centennial Life Insurance for 2.718 billion yuan and gain its control. If the acquisition of Aoyuan landed, it would mean that Greentown would lose control of Centennial Life Insurance. After controlling Centennial Life, in addition to obtaining a financial platform, Aoyuan and Centennial Life can also provide potential opportunities for mutual cooperation in health and wellness industries, which will help both parties to better play their strategic synergy and complementary advantages in business segments, customer resources and customer experience.

This article first appeared on WeChat WeChat official account: Research on Kerui Real Estate. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

　　"The administrator appointed by the court has been stationed in the company in mid-September. Now the company is managed by the administrator, and the shareholders and actual controllers stand aside. We just assist in the work." On November 1, Li Feng (pseudonym), a senior official of Hangzhou Changjiang Automobile Co., Ltd. (hereinafter referred to as "Changjiang Automobile"), told the First Financial Reporter on the phone.

　　On September 29th, the bankruptcy documents issued by Yuhang District People’s Court in Hangzhou showed that on August 24th, 2020, Yuhang District People’s Court of Hangzhou ruled to accept the bankruptcy liquidation case of Changjiang Automobile Co., Ltd., and appointed Zhejiang Jingheng Law Firm, Zhejiang Noriya Law Firm and Ningbo Kexin Certified Public Accountants Co., Ltd. as the administrators of Hangzhou Changjiang Automobile Co., Ltd. on September 11th, 2020. The creditors of Hangzhou Changjiang Automobile Co., Ltd. shall declare their creditor’s rights to the administrator and provide relevant evidential materials before November 11, 2020.

　　"The manager’s direction is to restructure, reduce the burden, introduce funds, restart production and sales, and some investors are in contact. At present, there is progress but uncertainty." Li Feng said.

　　According to the data, the predecessor of Changjiang Automobile was Hangzhou Bus Factory, which was established in 1954, and the latter stopped production in the late 1990s. In 2015, Hong Kong Wulong Electric Vehicle Group reorganized it and established Changjiang Automobile, which mainly produces pure electric CMB, light and medium-sized commercial buses and SUV series products. The first-phase design capacity is 100,000 vehicles per year.

　　According to the planning of Changjiang Automobile, its business will initially focus on the field of new energy commercial vehicles, and in the future, after obtaining the production qualification of new energy passenger cars, it will produce A00-class and A0-class pure electric SUVs, etc., and make efforts in the passenger car market. In 2017, Changjiang Automobile obtained the production qualification of pure electric passenger cars and became a member of the new energy car-making boom.

　　Li Feng said that the plight of Changjiang Automobile began in the second half of 2018. With the decline of state subsidies and the decline of market demand, the company began to have the problem of tight liquidity. "By 2019, with the further contraction of the market, the funds are getting tighter and tighter, and the days are getting harder and harder."

　　He introduced that because the products are out of touch with the market demand, the sales volume of Changjiang Automobile has always been low. Last year, the sales volume of the company’s electric buses and buses was around 1,000. Since the second half of last year, Changjiang Automobile has substantially stopped production and started to default on employees’ wages. Before the Lunar New Year in January this year, the company only paid three months’ wages and still owed five months’ wages. Due to the exhaustion of company funds, the American order contract signed at the end of last year was unable to organize production. By October this year, Changjiang Automobile had been in arrears with employees’ salaries for 12 months.

　　It is worth mentioning that, with the enthusiasm of the capital market, hundreds of new power companies have been born in China. With the differentiation of performance, a large number of new car-making companies have "fallen down", and the attitude of the capital market towards the new car-making forces is also changing. Since last year, many new car-making companies have reported unpaid wages and debts, including Bojun Automobile, Baiteng Automobile and Sailin Automobile.

　　Wu Qiang (a pseudonym), a partner of an investment institution in Beijing, told the First Financial Reporter that it is almost difficult for enterprises that have not yet rolled off the production line or formed large-scale production to get financing, and investors’ money will be concentrated in the head enterprises, and the prospects of the new car-making forces with poor performance are not optimistic.

Text | Zhang Yuqi Wu Ni
Editor | Yin Lina
Cartography | Li Ziya

According to media reports, a spokesman for Bojian said: "The company is implementing cost-cutting measures, and it is expected to save 500 million US dollars every year through layoffs."

The failure rate of research and development of Alzheimer’s disease is as high as 99.6%, which can be described as the defeat of Qian Fan. Since the 21st century, more than 320 clinical studies of global innovative pharmaceutical companies have failed. As a head biotechnology company in the field of neurology, Bojian is experiencing its "life and death field". Maybe the dust will settle before April 11th. Is Aduhelm still hopeful to be the next Nocicna sodium?

　　At the construction site of Zhengzhou South Railway Station, surveyors are using total station to measure the construction points. Reporter Bi Jingjin photo

　　At the construction site of Terminal 3 of Guiyang Longdongbao International Airport, workers are processing the reinforcing cage. Photo by Ou Dongqu (People’s Vision)

　　Workers in Du ‘an beam yard of Guinan high-speed railway are binding steel bars. Photo by Huang Penghuan (People’s Vision)

　　At the construction site of Shenyang Metro Line 4, the main shield machine is being assembled in the well. Reporter Liu Hongchao photo

　　In Songxi section of Nanping, Quzhou-Ningde railway, large-scale girder erection machinery is carrying out bridge laying operation. Yan Ke Ding Bo Photography Report

　　In the past few days, various localities and departments have taken various measures to speed up the construction progress of projects under construction and newly started, and strengthen the protection of factors such as employment, land use and capital.

　　Hire a car to transport employees back to their posts, provide special service to solve the land use problem, and speed up the construction with financial support … … Intimate measures and warm-hearted assistance have become a strong support for the restoration and construction of various projects during the epidemic.

　　— — Editor

　　Zhengzhou, Henan — —

　　Plan ahead

　　Do not miss the construction period

　　Reporter Bi Jingjin

　　"Engineering construction is a reasonable combination of people and property. If you arrange these three things, you will not be afraid of delaying the construction period!" Standing at the construction site of the station building nearly 50 meters high, Yuan Yazhou, commander of the engineering construction headquarters of Zhengzhou South Station in Henan Province, introduced it. With the "rumbling" sound, a high-speed train passed by.

　　Once, in order to open the Zhengzhou-Wan high-speed railway to traffic as soon as possible, the builders of Zhengzhou South Railway Station wanted to let the high-speed train pass through the construction site and construct while opening to traffic. On December 1 last year, Zheng Wan High-speed Railway was opened as scheduled, and tens of millions of people in Nanyang took the "Fuxing" at their doorstep. Nowadays, the epidemic is sudden, with an investment of 15 billion yuan, and it is a large transportation hub integrating high-speed rail, intercity railway, subway and municipal transportation — — The construction of Zhengzhou South Railway Station has been suspended for nearly a month. Can it be completed as scheduled? "Use your brains and make up your mind. The opening of the high-speed rail has not been delayed, and the construction of our country cannot be mistaken!" Yuan Asia said.

　　Speaking of how to do it.

　　"Materials are mainly planned and reserved in advance." China Railway Construction Engineering, which is responsible for the construction of 150,000 square meters station building, has rich experience in dealing with emergencies. Lu Bei, secretary of the Party branch of the project management department, said: "As early as late January, we began to reserve materials and adjust suppliers." Before the Spring Festival, the project management department has reserved nearly 13,000 cubic meters of sand and gravel for two months, and the steel bars and concrete have been purchased locally to ensure the continuous construction.

　　The construction period is tight and the task is heavy, so it is very important to arrange workers. The 16th Bureau of China Railway is responsible for the ramp construction, and the project management department will make timely appeasement and explanation, arrange workers in areas with severe epidemic situation not to return to their posts, and promise to keep job opportunities. Subcontractors shall replenish personnel from other areas in time. "For everyone who returns to work by car, 100 yuan will be subsidized. The four of us will drive back, which is equivalent to saving gas money!" On February 23rd, Zhang Gaofeng, a rebar worker who returned to work by car from Wuzhi County, Jiaozuo City, Henan Province, told the reporter that the construction party promised to pay wages in full and pay overtime.

　　"Zhengzhou Airport Port Management Committee actively cooperated with us to do a good job in workers’ return to work and epidemic prevention, and opened a green channel for raw material transportation. We will ensure that the funds to be paid are in place on time, and guide all contractors to optimize the construction process and try their best to improve efficiency. " Yuan Asia said.

　　Since the outbreak of the epidemic, Zhengzhou has coordinated the prevention and control of the epidemic and economic and social development, and fully supported the resumption of construction projects from the aspects of workers’ return to work, raw material transportation and site epidemic prevention, so as to seize the construction progress. Up to now, there are 2,866 construction projects that should be resumed in Zhengzhou, and all of them have been resumed.

　　Guiyang, Guizhou — —

　　Help return to work

　　Implement employment

　　Reporter Tian Doudou Su Bin

　　In the sunshine in March, the construction site of T3 Terminal of Guiyang Longdongbao International Airport of China Construction Third Bureau is in full swing. The roar of excavators and pile drivers came and went, the engineering transport vehicles shuttled back and forth, and the workers wearing masks performed their duties and were nervous and orderly.

　　This project is the first key project to resume work in Guizhou Province. Since the official resumption of work on February 14th, dozens of workers have returned to their posts in an orderly manner every day. As of March 16th, 923 people have been on duty in the terminal project, which is more than three times of the total number of construction workers before the Spring Festival.

　　Next to the reinforcing cage, welder Zhang Hongzheng concentrates on polishing and welding. "On February 14th, the foreman called me and said that the project had resumed work. A few hours later, he helped me complete the procedures for returning to work. " On February 19th, Zhang Hong returned to Guiyang by train from his hometown of Meishan, Sichuan. "After coming, the project department asked me to hand in the train ticket, saying that the Guiyang municipal government has a travel subsidy for those who return to work in Guizhou. The fare of 255 yuan is just saved to buy for my wife ‘ March 8th ’ Festival gifts. "

　　It turns out that according to the policy of Guiyang City, all employees who return to work by themselves from outside Guiyang City by railway train or road bus from February 10 to 27, 2020 will be provided with a one-time subsidy for returning to work by the municipal finance on the basis of their tickets.

　　On February 8, the General Office of the Guizhou Provincial Government issued a notice, demanding that on the basis of strict epidemic prevention and control, major projects and projects should be started one by one, and the factors such as capital and employment should be implemented. In order to ensure the smooth resumption of Guiyang airport project, Guizhou Provincial Development and Reform Commission provided special support for epidemic prevention materials. At the same time, the Guiyang municipal government also assisted the contractors to take the form of chartered cars and rush to other places to pick up the workers.

　　In order to help workers return to work, the project department of T3 Terminal of Guiyang Longdongbao International Airport has also set up a special help team for returning to work, and the team leader is Le Jun, the project manager. He introduced that in addition to Guiyang’s local policies, the team also collected rework departure policies in Henan, Hunan, Sichuan, Chongqing and other places, communicated with workers through various means such as WeChat and telephone, and taught them the process of returning to work.

　　"The project department really thought of it bit by bit." Lao Hu, a worker who returned from Henan by car, was filled with emotion: his body temperature was tested twice a day, his room was disinfected three times, he ate and washed in different periods, and he had a WeChat video conference … … "So many intimate epidemic prevention measures make us feel very at ease!"

　　Hechi, Guangxi — —

　　Security land

　　Escort construction

　　Reporter Pang Geping

　　At noon on March 8, starting from Pingli County, Ankang City, Shaanxi Province, a bus and four cars carrying 59 migrant workers arrived at the construction site of Duan section of Guiyang-Nanning high-speed railway project. As soon as they are in place, the personnel who are put into the work of resuming production enter a state of intense busyness, racing against time with full horsepower, trying to get back the lost time.

　　Guinan high-speed railway is an important part of the "eight vertical and eight horizontal" high-speed railway network in China, which stretches for 281 kilometers in Guangxi, of which about 164 kilometers are in Hechi City.

　　In the project land security work, Hechi City Natural Resources Bureau carried out the system of land commissioners, implemented the "one-on-one" contact of special personnel, and provided timely resettlement land planning adjustment and policy guidance for Guinan high-speed rail project. Since the establishment of the project construction headquarters, Huang Heng, deputy director of Hechi City Natural Resources Bureau, has participated in the "one-on-one" service in the preliminary work of the project as a land Commissioner.

　　"It is difficult to guarantee the land for the project. From the very beginning, we fell into the task of ensuring development and farmland ‘ Long-standing problem ’ Contradictions have gone. " When it comes to the problems faced at the beginning of work, Huang Heng can’t help complaining.

　　However, the solution is always more difficult than it is! After correcting his role, Huang Heng began to frequently contact with project owners, constructors and project passing counties to guide them to be familiar with land use policies and properly handle land use planning adjustment and land acquisition compensation in land acquisition and demolition work.

　　"The key to solving the difficulties is to win the support of the masses." Huang Heng said. Under his leadership, Hechi City Natural Resources Bureau strengthened communication with local people, implemented "demolition and one supplement", avoided permanent basic farmland, and did a good job in site selection of resettlement land for reconstruction. At the same time, set aside a part of land for reconstruction according to local conditions to meet the needs of some people’s households.

　　At present, the compensation for land acquisition and demolition of the entire Hechi section of Guinan high-speed railway has been basically put in place. At the same time, Hechi City Natural Resources Bureau also uses the project land policy in deep poverty-stricken areas to speed up the approval of temporary land use and construction land use, and fully guarantee the construction of the project.

　　Since February, Guangxi Department of Natural Resources has successively issued policies and measures to help resume work and production, and made every effort to solve the problems existing in land use indicators, land acquisition and demolition of the project. "Autonomous region, city and county natural resources departments actively open administrative examination and approval ‘ Green channel ’ It solved the land use problem and construction obstacles for the project to resume production. " Chen Jianjun, director of Guangxi Natural Resources Department, introduced.

　　(Huang Shangning participated in writing)

　　Shenyang, Liaoning — —

　　financial support

　　Help to return to work

　　Reporter Liu Hongchao Liu Jiahua

　　In the temporary steel bar processing factory, three workers are welding, sparks are flying, and batches of steel bars are processed and formed and sent underground. Put on the safety helmet, step on the narrow temporary staircase and spiral down to 20 meters underground, but the space is empty: the longitudinal pilot tunnel leads to the distance, and the initial support of the middle arch and the construction of the top longitudinal beam of the middle tunnel are being carried out in the distance; In the horizontal section, technicians are holding instruments to measure data.

　　This is the construction site of Taiyuan Street Station of Shenyang Metro Line 4 in Liaoning Province. Jiang Zaihua, deputy director of the Third Engineering Division of Shenyang Metro Group Co., Ltd., said that due to the epidemic situation, the resumption of the project was slightly delayed for a few days, but now it has returned to normal and tried to get back the progress.

　　At ordinary times, the average daily passenger flow of Shenyang subway is about 1.1 million, and some time ago, the passenger flow dropped significantly. At the same time, there are still four lines under construction in Shenyang Metro. The decline in passenger flow has affected liquidity to some extent. In order to ensure that the projects under construction can be resumed as soon as possible and delivered as scheduled, Shenyang Metro Group put forward the capital demand to the bank.

　　Liaoning Branch of China Development Bank urgently studied the special loan policy to support Shenyang Metro’s resumption of work and production, and through the business green channel, it realized the loan of 200 million yuan within 72 hours, which was specially used to support the daily operation and epidemic prevention support expenditure of Shenyang Metro. "We applied on February 17, and the funds were in place on the 20 th, and the benchmark interest rate fell by 20% in the first year." Gao Feng, director of the Finance Department of Shenyang Metro Group Co., Ltd. said.

　　Shenyang has set up a special fund for rail transit to ensure sufficient funds for Shenyang subway construction. Before the Spring Festival, the 270 million yuan urgently allocated by Shenyang Finance Bureau was put in place. The special bonds for rail transit declared by Shenyang Metro successfully passed the evaluation. On February 12th, 1 billion yuan of special government bonds were allocated in time for the construction of the south extension line of Line 4 and Line 2.

　　"During this period, many commercial banks continued to provide project loans for subway construction, which provided important financial support for Shenyang Metro to resume production." Liu Shuang, deputy chief engineer of Shenyang Metro Group Co., Ltd. said.

　　"At present, Shenyang Metro has resumed 79 construction sections of 6 projects, with 3,328 people returning to work." Liu Shuang said, "Sufficient funds ensure the progress and quality of our construction, and we are confident that the construction and operation of Shenyang subway will be better and better!"

　　People’s Daily (March 18, 2020, 07 edition)

　　Xinhua News Agency, Beijing, February 16th Question: How much does it cost? Where to eat? What to eat? — — Survey of New Year’s Eve Dinner in 2018

　　Xinhua News Agency "Xinhua Viewpoint" reporter

　　For Chinese, the New Year’s Eve is the brightest "peak moment" of the Spring Festival — — All the hard work and thoughts in a year are sitting around and enjoying the delicious moment, which turns into deep affection and happiness.

　　How much did you spend on the New Year’s Eve dinner in 2018? Where did you eat? What’s the food? On New Year’s Eve, "Xinhua Viewpoint" reporters investigated the New Year’s Eve of different groups all over the country.

　　How much does it cost: Most people in Beishangguang are from 100 yuan to 150 yuan.

　　At 7 o’clock in the evening on New Year’s Eve, a restaurant in Beijing was packed with guests, and a family raised their glasses frequently. Some individual passengers in the lobby are still waiting in line to get the number, and the waiter who is too busy to touch the ground said that there are still 8 tables waiting in line in front.

　　According to the survey of China Cuisine Association, the overall booking rate of New Year’s Eve dinner this year has increased steadily compared with last year. It is expected that the catering market will achieve double-digit growth during the Spring Festival Golden Week this year. Wu Ying, deputy secretary-general of China Cuisine Association, said: "The overall price of New Year’s Eve dinner is basically the same as last year, with a slight increase."

　　The reporter’s investigation found that in first-tier cities such as Beijing, Shanghai and Guangzhou, a table for 10 people is basically 2,000 yuan, and the per capita "starting price" is from 100 yuan to 150 yuan, and the highest is to 300 yuan.

　　"The price has not risen this year, and the per capita cost is more than 200 yuan in 150 yuan." Wang Hongqing, deputy general manager of Tongchunyuan, a Beijing time-honored brand, said that there were more bookings of 1,888 yuan and 2,388 yuan.

　　The price of New Year’s Eve in second-tier cities is not low. In Changchun, the price of the New Year’s Eve dinner package for 10 to 12 people is mostly from 800 yuan to 2,000 yuan, and the average person spends it from 80 yuan to 180 yuan.

　　In some big cities, a few high-end consumers make an appointment with chefs to cook New Year’s Eve dinner. According to the number and difficulty of dishes, the per capita cost is between 400 yuan and 500 yuan in 1000 yuan.

　　In addition, this year’s New Year’s Eve dinner has a new feature. "The booking of semi-finished New Year’s Eve dinner has grown rapidly." Wu Ying said that some citizens prefer to buy semi-finished products, and after a little processing at home, they can taste dishes that are not easy to cook. This year’s semi-finished New Year’s Eve dinner is expected to increase by more than 10%, and the per capita consumption is mostly from 50 yuan to 100 yuan.

　　It is understood that Beijing Tongchunyuan has prepared 400 semi-finished products, including 6 meat dishes, bean bags, Huangqiao biscuits and other staple foods, with prices ranging from 288 yuan to 498 yuan; Tongheju has booked more than 800 semi-finished products, more than double that of last year.

　　"In my impression, I started to go to the restaurant for dinner in the mid-1990s. Since 1995, I have never been home before 9 o’clock on New Year’s Eve. " Wang Hongqing said that in the 1990 s, each table of New Year’s Eve dinner was two or three hundred yuan, which was almost half a month’s salary of the working class.

　　Zhang Fangzhong, technical director of Huajia Yiyuan’s production department, said that in the 1990s, people who went out to eat New Year’s Eve had good economic conditions. After 2000, ordinary consumers began to eat New Year’s Eve outside. At that time, the better restaurants had a table of 688 yuan and 888. The main dishes are elbow, whole fish, whole chicken and lion’s head. After about 2005, many ordinary families began to eat New Year’s Eve in star-rated hotels.

　　In contrast, eating at home is more economical. Liu Yanming, a citizen of Changchun, said that he bought elbow, shrimp, fish and other high-grade ingredients and wine, and the average person counted about 70 to 80 yuan.

　　On the dinner table of Zhou Duchun, a poor household in Hengnan County, Hengyang City, Hunan Province, even the raw materials came from his own home. There are bean curd made from beans in the field, fried fish, braised pork and fried chicken, totaling more than 30 yuan. The old man’s daughter and son-in-law are working outside, so they can’t go home this year. The local government sent grain, oil and rice noodles to the old man years ago.

　　Where to eat New Year’s Eve: The number of people eating out is increasing, and the proportion of first-and second-tier cities is higher than that of third-and fourth-tier cities.

　　According to the survey of China Cuisine Association, the number of people who choose to eat out for New Year’s Eve dinner is increasing all over the country, and the proportion of eating out in first-and second-tier cities is higher than that in third-and fourth-tier cities. In addition, popularization and popularization are the mainstream.

　　In Beijing, time-honored brands and branded restaurants are favored. Some time-honored brands have to book more than half a year in advance before they can have private rooms, and they have to turn over two or three tables a night. Many repeat customers booked this year’s dinner last year. However, some people want to eat something different from usual on this day, so some ethnic catering and western food are also booked hot.

　　The Pearl River Night Tour "Water New Year’s Eve Dinner" launched by Guangzhou Passenger Shipping Company allows visitors to enjoy the night view of Guangzhou while enjoying the delicious New Year’s Eve dinner.

　　Calling "takeaway" at home is a prominent feature of this year’s New Year’s Eve dinner. Many take-away platforms have launched New Year’s Eve delivery services. According to the data of "Hungry" and Baidu Takeaway, in the past two or three years, take-away orders have increased rapidly during the Spring Festival, and the consumption power of second-and third-tier cities has improved significantly. The per capita consumption of Baidu takeaway has nearly doubled compared with usual, reaching 80 yuan to 90 yuan. According to the data of Meituan, in 2016 and 2017, the area with the highest single average price was Sanya, which was close to 150 yuan. The average cost of take-away orders on New Year’s Eve is nearly twice as high as usual.

　　New technology adds a new color to the New Year’s Eve dinner. In Beijing Box Horse Fresh Life Yizhuang Store, the staff told reporters that many citizens choose to eat New Year’s Eve here. "Buy and eat here, the picture is fresh!" Wu Feng, a customer who lives nearby, said that the ingredients here are all small packages, just like their own "big refrigerator", which can be delivered to the door in 30 minutes at the earliest.

　　The New Year’s Eve dinner on the trip and on the way home is also warm. On New Year’s Eve, at the Kaixuan Road Highway Passenger Station in Changchun, the staff delivered dumplings to the passengers. Jilin Branch of China Southern Airlines has increased on-board catering, including rice, noodles and jiaozi.

　　Of course, for many people, eating the family reunion dinner at home is still the deepest expectation and enjoyment. Ms. Lai, a migrant worker who has worked in Guangzhou for more than 10 years, returned to her hometown of Meixian, Guangdong for the New Year this year. She said that her 70-year-old mother-in-law looks forward to this day every year. She has to prepare a large family’s New Year’s Eve dinner, such as chicken, pigs, fish, vegetables, rice cakes, etc. In short, she has to make up 12 dishes, which means peace in the four seasons.

　　What to eat on New Year’s Eve: Traditional eating habits are still powerful.

　　Due to different customs and eating habits, New Year’s Eve dinners in different parts of China have different interests and are rich and colorful.

　　Cao Baoming, a folklorist and president of Jilin Food Culture Research Association, said that the New Year’s Eve dinner embodies Chinese’s long-standing annual culture, and each dish and collocation has its own unique cultural connotation. For example, in some places, there must be Chinese cabbage on the New Year’s Eve, which means "hundred treasures", leek means "long time", hot pot means "flourishing" and rice cake means "rising year by year".

　　Wang Peng, manager of a hotel in Wangtian ‘e New Village, Changbai County, Jilin Province, told the reporter that many southern tourists are very interested in the special New Year’s Eve dinner in Northeast China, and book the New Year’s Eve dinner in advance, such as classic dishes such as braised vegetables in cauldron, stewed pork vermicelli, and snacks such as sticky bean buns.

　　According to Alibaba’s "2018 China New Year Consumption Report", the local products with hometown flavor are mostly the favorite ingredients for New Year’s Eve dinner for consumers in various regions. For example, ham favored by consumers in East China, sausage favored by consumers in South China, sea cucumber and frozen shrimp favored by consumers in North China.

　　With the continuous improvement of living standards, people have more and more dishes on the dinner table, but the power of traditional eating habits is still strong.

　　In Guangzhou, traditional boiled chicken and winter melon porridge are still kept on the dinner table. "Unexpectedly, a pound of lion’s head and elbow is almost a must-have for every table." Zhang Fangzhong said that people still pay more attention to the sense of ceremony of New Year’s Eve.

　　In rural Henan, jiaozi eats meat stuffing on New Year’s Eve, and jiaozi eats vegetarian stuffing early in the morning. "Everyone in the village has to eat earlier than anyone else. When you go to jiaozi, you must set off firecrackers. Before you eat jiaozi, you must eat a mouthful of steamed bread, so that you will be strong in the coming year. " Gao Yong ‘an, an associate professor at Renmin University of China, said.

　　Wei Qi, a professor at the School of Philosophy and Social Development in northwest university of politics and law, said that people in their hometown should eat noodles on New Year’s Eve. Mother cooked chicken soup and rolled noodles, and then fried shredded chicken, kelp and daylily into a scorpion and poured it on the noodles. "What I miss most is the taste made by my mother." (Reporter Guan Guifeng, Liu Shuo, Zheng Tianhong, Ying Zhou, Zhang Xinxin)

　 　■He Yilai, Guoxianqi, Song Jun

Two, "government procurement law" to amend the specific recommendations

According to the "ten principles" of the revision of the government procurement law, the author is right2022The following suggestions are put forward in the 2006 draft for comments.

(1) Suggestions on the revision of Chapter I General Provisions.

"General Provisions" is the core programmatic part of the legal text, its essence is to establish the basic framework, guiding ideology and core principles of the whole law, and another function of "General Provisions" is to put the contents that are required by this law but are scattered and not easy to stand alone in the general provisions, so as to make the contents of relevant chapters consistent and unified, and facilitate public learning and mastering.

Revision of "Article 1".

As a [legislative purpose and purpose], it is proposed to amend it to: This Law is formulated in order to standardize government procurement, improve the efficiency of the use of fiscal funds and other state-owned resources (assets), safeguard national interests and social public interests, protect the legitimate rights and interests of parties involved in government procurement, and promote the coordinated development of social economy and the building of a clean government.

Reason for amendment: [legislative purpose and purpose] is the "soul" of law, through which the core values and rules of law are embodied. From the historical mission of the government procurement system, government procurement itself is a tool and a means, so the government procurement law should regulate the government procurement behavior on the one hand, and promote the coordinated development of social economy through government procurement on the other. Therefore, "promoting the coordinated development of social economy" should be regarded as the core value goal of the law and must be reflected in the legislative purpose. This also provides a legal basis for government procurement to implement the policy function, and for government procurement not only to achieve a single goal of saving funds, but also to improve the "cost performance" of procurement projects and achieve "value for money". And "promoting the construction of a unified national market" is a phased work in a certain period. Although government procurement has the responsibility and obligation to promote the construction of a unified national market, it is not the core value goal of government procurement, but only a phased goal. Besides, in other clauses, there are also provisions related to the construction of a unified national market for government procurement.

(2) Suggestions on Article 5.

This article is changed from [government procurement budget] to【 Government Procurement Budget Performance Management 】. It is suggested that the government procurement budget should be compiled for government procurement projects and strictly implemented in accordance with the approved government procurement budget.

At present, the title of "government procurement budget" in the whole law is rather chaotic. Concepts related to budget include government procurement budget, estimated value, procurement budget and procurement project budget. These concepts are different. The law should be unified and defined when necessary.

(3) Suggestions on the revision of Article 6

Article 6 is about [Determination of Government Procurement Mode and Scope of Centralized Procurement], and it is suggested to combine centralized procurement with decentralized procurement in government procurement. Technology, services and other standards are unified, and items commonly used by purchasers should be included in the centralized procurement catalogue. The centralized procurement catalogue is determined and published by the State Council. Government procurement projects included in the centralized procurement catalogue shall be subject to centralized procurement. The centralized procurement catalogue shall be determined and published by the State Council. Government procurement projects included in the centralized procurement catalogue shall be subject to centralized procurement. " Start a new line.

(4) Suggestions for amending Article 7.

Article 7 is about the management system of government procurement quota standards, and the government procurement quota standards stipulated in this article are determined and published by the State Council.

"The procurement above the government procurement quota standard shall be implemented in accordance with the provisions of this Law, and the procurement that fails to meet the government procurement quota standard shall be implemented in accordance with the provisions of the procurement supervision and administration department of the State Council Municipal Government".

It is suggested to be revised as "The procurement of procurement items above the government procurement quota standard shall be implemented in accordance with the provisions of this Law, and the procurement of procurement items that do not meet the government procurement quota standard shall be implemented in accordance with the provisions of the procurement supervision and administration department of the State Council Municipal Government."

(5) Suggestions on the revision of Article 9.

Article 9 With regard to the provision of [disclosure of government procurement information], it is suggested to increase the disclosure of "dispute handling and performance evaluation" information. It is amended as "Information on government procurement, including procurement intention, procurement announcement, procurement documents, procurement results, dispute settlement, performance evaluation and supervision and punishment information, etc., shall be released to the public in a timely manner in the media designated by the government procurement supervision and administration department at or above the provincial level, except for information involving state secrets and commercial secrets and other information that may not be disclosed according to law".

(six) to add or adjust the relevant provisions to the "general provisions".

Provisions on the subject responsibility of the purchaser should be added. Therefore, it is suggested that Article 35 [Internal Control Mechanism of the Purchaser] be amended as [Main Responsibility and Internal Control Mechanism of the Purchaser], and amended as: "The purchaser shall perform the main responsibility of procurement activities according to law, ensure that the procurement behavior is legal and compliant, the procedures are due and the results are fair, and assume legal responsibility for the whole procurement process.

The purchaser shall establish and improve the internal control system of government procurement, clarify the working procedures and job responsibilities, strengthen the supervision and restriction mechanism, implement the performance target requirements, promote market competition, safeguard public interests and prevent procurement risks. "

Adjust Article 100 [Construction of Credit System] to "General Provisions". That is, the state strengthens the construction of the credit system in the government procurement market, establishes a unified and standardized credit record and credit evaluation system for the parties and related personnel in government procurement activities, and implements punishment for dishonesty and encouragement for trustworthiness according to law.

Adjust the [Digital Management] of Article 61 to the general provisions, because it is not a procedural provision, but a general requirement. "The state encourages the use of data messages and electronic information networks to carry out government procurement activities, promote the transparency, standardization and intelligence of transaction processes, public services, supervision and management, promote the application of electronic licenses, and realize the interconnection and sharing of government procurement information resources with other public service platforms".

(VII) Revision of Chapter II

The second chapter is about the parties involved in government procurement. Whether to use "government procurement parties" or "government procurement participants" depends on the contents stipulated in Chapter II. The legal status of the parties involved in government procurement is the core subject; Rights and obligations are to sign contracts and claim relief; Legal liability is directly responsible for contract or violation. The legal status of government procurement participants is the program assistant; Rights and obligations are to participate in the evaluation and provide professional advice under the entrustment.

If the second chapter only talks about "buyers and suppliers", then this chapter should be "government procurement parties", and if it also includes government procurement agencies, consulting experts and evaluation experts, then it should be "government procurement parties and participants".

Therefore, it is suggested that Chapter II be amended as "Parties and Participants in Government Procurement".

Government procurement parties refer to all kinds of subjects who enjoy rights and assume obligations in government procurement activities, including purchasers and suppliers.

Participants in government procurement refer to intermediary organizations and individuals who are entrusted by government procurement parties to handle government procurement affairs in government procurement activities, including agencies, consulting experts, evaluation experts, performance acceptance agencies, legal service agencies, electronic government procurement trading system providers and other third-party institutions.

The "procurement agency" is the trustee of the party "purchaser". It is not a party, but a participant. Similarly, consulting experts and evaluation experts are also trustees and participants.

With the division of labor in society becoming more and more detailed, there will be more principal-agent matters in government procurement activities. In the future, there will be not only the principal-agent of procurement, but also the principal-agent of consultation, the principal-agent of bidding, the principal-agent of relief, performance evaluation and file management. At present, the Measures for the Administration of Government Procurement Demand and the Measures for the Administration of Bidding and Purchasing Methods of Government Procurement Goods and Services in the administrative regulations on government procurement have stipulated the investigation of procurement demand and the bidding agency of suppliers. Therefore, the revision of this law must consider the management of principal-agent affairs in the whole process of government procurement, not just the "principal-agent" of procurement affairs.

Then, there is the "expansion problem" of purchasing principal-agent affairs.

(eight) on the revision of article seventeenth

Regarding the concept of "procurement agency", neither the Government Procurement Law nor the Interim Measures for the Administration of Government Procurement Agency has clearly defined it, nor has the logical relationship among agency (intermediary organization), procurement agency, social agency and centralized procurement agency (departmental centralized procurement agency) been clarified.

According to the author’s understanding, agency is a superordinate concept, including government procurement agencies and agencies in other fields (such as trademark agency and litigation agency).

Government procurement agencies include all agencies and intermediary organizations engaged in government procurement agencies. It includes: government procurement project feasibility study agent, procurement demand investigation agent, procurement implementation plan preparation agent, procurement mode demonstration agent, bidding agent, relief agent, performance evaluation agent and file management agent.

Government procurement agencies include centralized procurement agencies, departmental centralized procurement agencies and intermediary organizations engaged in procurement agency business.

With the above logical relationship, then "government procurement agency" is a professional term. The proposal in Article 17 is revised as [government procurement agency], and this article is revised as: government procurement agencies include centralized procurement agencies, departmental centralized procurement agencies and social procurement agencies.

Centralized procurement institutions are related institutions established by the people’s governments at or above the level of cities and autonomous prefectures with districts to implement centralized procurement according to law.

The centralized procurement institution of a department refers to an intermediary service organization set up by the purchaser according to the special requirements of the government procurement of the department and the system, and entrusted to handle the government procurement projects of the department and the system.

Social procurement agency refers to a profit-making legal person engaged in procurement agency business.

It is suggested that the management of departmental centralized procurement institutions should be increased in the future implementation regulations, and it should be included in the scope of assessment and inspection of centralized procurement institutions. And add: "The centralized procurement of departments should strictly follow the principle of" separation of procurement and management ",and at the same time accept the supervision and inspection of auditing and government procurement supervision and management departments".

(9) It is suggested that Article 18 [Work Requirements of Centralized Procurement Organizations] and Article 19 [Requirements of Centralized Procurement] be exchanged. First, there are requirements for centralized procurement, and then there are requirements for the work of centralized procurement institutions.

For example, "those that are suitable for batch centralized procurement in the centralized procurement catalogue" and "those that are not included in the centralized procurement catalogue" are colloquial and not rigorous.

"For projects with common special requirements in this department and this system, the competent budget unit is encouraged to collect the requirements of its own budget unit and organize procurement in a unified way".

"For procurement projects with similar needs, buyers are encouraged to jointly purchase voluntarily to improve efficiency".

It is suggested to amend it to: "The government procurement items in the centralized procurement catalogue are suitable for batch centralized procurement" and "The government procurement items not included in the centralized procurement catalogue"

(eleven) the revision of article twentieth

Article 20 is about "requirements for non-centralized procurement". "For government procurement projects outside the centralized procurement catalogue, the purchaser may entrust a procurement agency to handle them and purchase entrusted agency services in accordance with the provisions of this Law". However, there are no relevant provisions in this law on how purchasers purchase entrusted agency services.

Considering the law as a whole, at present, the purchaser is only required to choose the purchasing agency according to law, that is, to choose the entrusted agency service. If the choice is changed to more explicit "procurement" in the future, then at least the terms and provisions of "procurement agency service" will be added in the revision of the implementation regulations in the future.

(12) Amendments to Article 28

Article 28 is about [policy makers and implementation measures]. In order to promote the development of small and medium-sized enterprises, "subcontracting" should be regarded as an implementation measure.

It is suggested to be revised as follows: the government procurement policy objectives are implemented through compulsory procurement or priority procurement measures such as formulating procurement demand standards, reserving procurement shares, evaluating preferential treatment, ordering first purchase, subcontracting, etc.

(XIII) General revision opinions on Chapter IV Procurement Demand Management.

Adding procurement demand management to government procurement law, grasping the foundation and core of government procurement management, but emphasizing its importance does not mean to reflect all its management requirements and regulations in law. The legal provisions should be principled, important and unchangeable, and the relevant specific operational provisions should be placed in the implementation regulations and relevant departmental regulations.

Suggestions, regardless of "general provisions" and "special provisions". Procurement demand management only talks about three contents, one is the compilation of government procurement budget and the compilation of procurement project budget; The second is procurement demand management, including procurement demand definition and preparation requirements, procurement demand investigation; The third is the preparation of procurement implementation plan.

Put the content of "special provisions" in departmental regulations, because the relevant provisions may be adjusted and revised at any time, and the government procurement law cannot be revised frequently because of its adjustment.

Suggestion: Add one item "Government Procurement Budget and Procurement Project Budgeting", keep Article 30 "Procurement Demand Management" and Article 31 "Procurement Demand Investigation", delete Article 32 "Estimated Procurement Value" and merge it into "Government Procurement Budget and Procurement Project Budgeting", and put Article 33 "Estimated Procurement Value and Procurement Price Limit" as a requirement in the added "Government Procurement Budget and Procurement Project Budgeting". Article 34 [Preparation of Procurement Implementation Plan] is retained, and Article 35 [Internal Control Mechanism of the Purchaser] is placed in Chapter 2 "Parties and Participants in Government Procurement" as a requirement for the purchaser. All the contents of "special requirements" are put into the implementation regulations or departmental rules.

(14) Suggestions on specific amendments to Chapter IV.

The provisions in the fourth chapter mainly draw lessons from the "Measures for the Management of Government Procurement Requirements", but because this method is rough and colloquial, it still needs to be polished and standardized when it becomes law. Such as "there is no relevant national standard" and "if there is a clear procurement budget, the procurement budget can be used as the estimated value of the procurement project". Does it mean that the procurement project may not have a procurement project budget?

The whole expression is not very rigorous, including "project", "procurement project" and "government procurement project". Purchase Budget, Purchase Project Budget, Estimated Value of Purchase Project and Total Purchase Amount of Project. Should be unified.

(fifteen) suggestions for the overall revision of the "Chapter V Government Procurement Mode"

"Bidding" is a procurement method, but according to more than 20 years’ practice, a specific amount standard applicable to "bidding" procurement method should be determined. As one of the prerequisites, it is in line with the procurement project of "being able to determine detailed specifications and specific requirements". Only when this specific amount standard is reached can the bidding procurement method be selected, which is conducive to standardizing procurement behavior and improving procurement efficiency.

Regarding the "two-stage bid opening and bid evaluation" in the "procurement project with complex technology or strong professionalism, the purchaser can adopt two-stage bid opening and bid evaluation for the part of the supplier’s bidding documents that does not contain quotation", this is not a strict two-stage bidding, andGPAThere is a difference between the two stages of bid evaluation. It’s just a phased review.

The definition of inquiry purchase method cannot be simply applied.2003The edition of "technology and service standards are unified, and the market supplies stable and sufficient services and projects", because "stable and sufficient market supplies" cannot be matched with "projects".

(XVI) Revision of Chapter VI Government Procurement Procedures

Although the author has repeatedly proposed to increase the government procurement procedures, he does not recognize the provisions of the government procurement procedures in the draft for comments, especially the "general provisions" should be the basic provisions of the government procurement management and operation procedures and processes, and other provisions should be placed in the implementation regulations or departmental regulations.

The management and operation rules and procedures of government procurement correspond to the main body and responsible person of its procurement activities. For example, from the feasibility study of government procurement projects to the filing of final procurement data. What are the responsibilities of the purchaser, what are the responsibilities of the regulatory authorities, and what can be entrusted by the purchaser to others. The procedures of a complete procurement project should be: feasibility study of procurement project, preparation of procurement project budget, approval and release of government procurement budget, disclosure of intention, formulation of procurement demand, preparation of procurement implementation plan (selection of procurement method, determination of procurement form, formulation of contract, etc.), award and implementation stage of contract (people call it small concept procurement), settlement of disputes, signing and performance of contract, and acceptance.

It is suggested that the "Specific Procedures of Various Purchasing Methods in Section II" be revised to "Operating Procedures of Purchasing Methods"

Even if it is suggested that some of the general provisions in the first section should be put into implementing regulations or departmental regulations, some provisions should be revised. For example, "effective competition, open competition, limited competition and non-competition" make it difficult for people to distinguish. How to translate it into foreign languages in the future?

Article 40 There is also a "total value of government procurement projects". What is the connection and difference between this and "estimated value of procurement projects"?

"Single-source procurement is a non-competitive procurement method, which should be approved by the procurement supervision and management department of the people’s government at or above the city or autonomous prefecture level before the start of procurement activities." This provision is original.2003Version, and "the approval of the people’s government procurement supervision and management department" is wrong. "Government procurement" is a technical term, which is generally inseparable. If the sentence is taken in its original meaning, "people’s government", "procurement supervision and management department" or "people" and "government procurement supervision and management department" are all wrong.

As for "procurement documents", procurement documents are a special direction, which are generally divided into big concept procurement documents and small concept procurement documents, and all procurement-related documents are procurement documents. Therefore, there should be a difference.

Regarding the "waiting period", people generally refer to the bidding procurement method as "waiting period", while other procurement methods are called response time, so it is suggested to unify it as "response period" or "response time".

Regarding the use of "termination", "termination" means stopping and not continuing. Except for those who cancel the procurement task due to major changes, they will not continue the procurement activities, and others will only temporarily stop and suspend.

(XVII) Revision of Article 60 [Requirements for Procurement Archives Management]

It is best to arrange the documents according to the steps and procedures (sequence) of procurement. It is suggested to amend it to:

Documents and materials include procurement project budget, intention disclosure, procurement demand investigation, procurement implementation plan, procurement documents, procurement document correction materials, bidding, response documents, evaluation criteria, evaluation report, calibration documents, government procurement contracts, acceptance certificates, query replies, complaint handling decisions, procurement activity records and other relevant documents and materials.

(XVIII) Amendment to Article 63 [Procedures for Competitive Negotiation]

Will "and clarify the contents of the negotiations, including the indicators that have determined the solution but need to be refined, and the evaluation and acceptance criteria that need to be clarified, or the suppliers provide various parts of the solution and the corresponding evaluation and acceptance criteria, etc.; Reduce the rules and standards of suppliers ",change" reduce "to" and clarify the negotiation contents, including the indicators that have been determined but need to be refined and the evaluation and acceptance criteria that need to be clarified, or the suppliers provide all parts of the solution and the corresponding evaluation and acceptance criteria; The evaluation method shall specify the main evaluation factors and the rules and standards for eliminating suppliers by weight.

In competitive negotiation procurement, it is possible that the qualification conditions of suppliers will change after changing the procurement requirements. Therefore, for procurement negotiations that have changed the procurement requirements, a new announcement should be made according to the new procurement requirements, and this provision must be added. This is another form of two-stage bidding.

(XIX) Revision of Article 65 [Procedures for Innovative Cooperation Ways]

Generally speaking, the word "stage" is too much for innovative cooperation methods and procedures.

As for "the negotiating team focuses on negotiating with a single supplier separately", the author thinks it is not necessary. It is better to talk about some issues together, and more suggestions can be obtained through mutual "discussion".

"Innovative product promotion and application. Before the commercialization of innovative products, other purchasers can use the first purchase price as the maximum price to purchase for trial; Innovative products involving national security may require purchasers to make compulsory purchases. " The two "may" do not have the same meaning, and can be modified as: "Promotion and application of innovative products. Before the commercialization of innovative products, other purchasers can purchase the trial at the first purchase price as the maximum price; For innovative products involving national security, relevant departments should require purchasers to make compulsory purchases. "

(20) Revision of Article 67 [Procedures for Procurement Methods of Framework Agreement]

"(two) to determine the supplier. According to the framework agreement, the purchaser or service object selects the second-stage supplier from the first-stage shortlisted suppliers and concludes the procurement contract by means of direct selection, waiting or competition. The procurement contract awarded according to the framework agreement shall not substantially modify the terms stipulated in the framework agreement. "

It is revised as "(2) Determining the supplier of the transaction. According to the framework agreement, the purchaser or service object selects the supplier from the shortlisted agreement by means of direct selection, waiting or competition, and concludes a contract for specific procurement projects. The procurement contract awarded according to the framework agreement shall not substantially modify the terms stipulated in the framework agreement. "

(XXI) Amendment to Article 71 [Form of Contract]

Therefore, it is suggested that Article 71 [Form of Contract] be placed after Article 68 [Application of Contract]. Amended as: "The government procurement contract shall be in written form.

Chapter VII The contents of government procurement contract management are suggested to be adjusted as follows:

Application of Contract, Form of Contract, Type of Contract, Basic Contents of Contract, Requirements of Contract, Prohibition and Subcontracting of Contract, Performance Bond of Contract, Announcement of Contract, Signing Time of Contract, Contract and Filing, Contract Addition, Contract Modification, Suspension or Termination, and Contract Performance

There is another "total contract price" in the contract. What is the relationship between "total contract price" and "contract price"?

(XXII) Revision of Chapter VIII Dispute Settlement

There are three suggestions for the revision of Chapter VIII dispute settlement. First, it is suggested to add a "consultation" clause. Consultation is not a precondition for questioning or complaining. The second is to combine the current reform of the "administrative adjudication mechanism" and add mature things to the clauses. The third is to handle the complaint by the "government procurement supervision and management department at the same level" and modify it to "the department specified by the government department at the same level or the government procurement supervision and management department".

Article 82 If a supplier believes that his legitimate rights and interests have been harmed by the procurement documents, procurement process, bid winning, transaction closing and shortlisting results, he may question the purchaser or the procurement agency entrusted by him in writing. It is revised as: "If the supplier thinks that the procurement documents, the procurement process, the results of winning the bid, closing the transaction and being shortlisted have harmed his legitimate rights and interests, he may ask the purchaser or the procurement agency entrusted by him in written form".

(twenty-three) on the revision of Chapter IX supervision and inspection.

The key points of supervision and inspection modification suggestions are:

First, it is necessary to supervise and inspect the main responsibilities of the parties and the main participants. Therefore, in the future implementation regulations, there should be a list of responsibilities (scope of responsibilities) of all parties and main participants. Second, it is necessary to strengthen supervision and inspection of centralized procurement of departments. Third, the contents of supervision and inspection should be formulated separately for centralized procurement institutions and social procurement agencies. Fourth, purchasers and centralized procurement institutions cannot be juxtaposed, one is the legal subject and the other is the trustee.

(XXIV) Amendment to Article 101 [Duties of the Purchaser]

The responsibility of the purchaser is mainly based on the main responsibility of the purchaser, adding relevant clauses and adjusting its order according to the government procurement procedures. Recommendations are:

1.Failing to formulate or implement the internal control provisions of government procurement;

2.Not strictly in accordance with the approved budget;

3.Failing to publish government procurement information in the designated media according to law;

4.Failing to determine the procurement demand and prepare the procurement implementation plan in accordance with the provisions of this law;

5.In violation of the provisions of this law, the organization form of procurement is determined, the government procurement method is selected, the competition scope, evaluation method and contract pricing method are formulated, or the procurement procedures stipulated in this law are violated;

6.Raising procurement standards without authorization;

7.Differentiate or discriminate against suppliers under unreasonable conditions;

9.Failing to reply to the supplier’s query within the time limit or failing to cooperate with complaint handling or administrative reconsideration;

10.Collusion with other participants in government procurement;

11.Accepting bribes or seeking other illegitimate interests in the procurement process;

12.Divulging state secrets or commercial secrets, disclosing personal information that is not allowed to be disclosed according to law or disclosing procurement projects that have not been disclosed;

13.Illegally changing the results of bid winning, transaction and shortlisting, or failing to sign a procurement contract or framework agreement with the bid winning, transaction and shortlisted suppliers within the statutory or agreed time limit after the notice of bid winning, transaction and shortlisting is issued;

14.In violation of the provisions of this law, the government procurement contract is changed or dissolved without authorization;

15.Failing to accept the supplier’s performance in accordance with the provisions of this law;

16.Failing to properly preserve the documents and materials of procurement activities according to law, or forging, altering, concealing or destroying documents and materials illegally;

17.Failing to evaluate the performance of government procurement according to law;

18.Refusing the relevant departments to carry out supervision and inspection according to law, or providing false information in the dispute settlement, supervision and inspection carried out by the relevant departments according to law;

19.Violation of other provisions of this law.

(25) Amendment to Article 102 [Responsibilities of Procurement Agency]

"If a procurement agency is under any of the following circumstances, it shall be ordered to make corrections within a time limit, given a warning, and may impose a fine of not less than 50,000 yuan but not more than 200,000 yuan on the procurement agency". Government procurement agencies include centralized procurement agencies, and it is still financial money to impose fines on centralized procurement agencies.

Therefore, this "procurement agency" should refer to the social procurement agency.

(XXVI) Amendment to Article 103 [Responsibilities of Centralized Procurement Institutions]

With the determination of the procurement method of framework agreement, centralized procurement institutions have certain responsibilities in the procurement of framework agreement. Therefore, relevant penalties for failure to perform their duties should be added to the responsibilities of centralized procurement institutions.

(XXVII) Amendment to Article 105 [Responsibilities of Suppliers]

What is the concept of "purchase amount" on the issue of "imposing a fine of more than five thousandths and less than ten thousandths of the purchase amount"? Budget for purchasing projects? Estimated value of procurement project? Supplier’s own quotation? Contract price? Winning bid? This must be clear, otherwise it will be controversial. It is suggested that the quotation submitted by the supplier shall prevail. This is the least controversial.

(28) It is suggested to add a chapter on "Exceptions".

Put Article 113 [Provisions on the Procurement of Loans and Grants], Article 114 [Provisions on the Procurement of Loans and Grants] and Article 115 [Military Procurement] in the exception chapter, and add [Procurement under special circumstances], such as: procurement under particularly favorable conditions that only appear in a short time due to liquidation, bankruptcy or auction, etc., and this Law is not applicable.

(XXIX) Amendment to Article 116 [Legal Application of Bidding and Procurement Methods for Projects]

It is suggested to delete Article 116 [Legal Application of Bidding and Procurement Methods for Projects] and make special provisions on bidding and procurement methods for government procurement projects in the implementation regulations and departmental rules.

(30) Amendment of Article 117 [Government Procurement Industry Association]

Revised as:The government procurement association is an autonomous and self-disciplined social organization in the government procurement industry.Conduct activities independently in accordance with laws, administrative regulations and articles of association.