At this year’s National People’s Congress, the General Secretary of the Supreme Leader pointed out during the deliberation of the Jiangsu delegation: "We must plan major measures to further comprehensively deepen reform and continuously inject strong impetus into promoting high-quality development and promoting Chinese-style modernization."

　　The Report on the Work of the Government puts forward: "Make overall plans to expand domestic demand and deepen supply-side structural reform" and "organically combine the implementation of the strategy of expanding domestic demand with deepening supply-side structural reform, better coordinate consumption and investment, and enhance the pulling effect on economic growth".

　　All localities and departments thoroughly implement the spirit of the important speech of the Supreme Leader General Secretary and the spirit of the two sessions of the National People’s Congress, vigorously implement the strategy of expanding domestic demand, and take more effective measures to achieve a virtuous circle of social reproduction. We will continue to deepen the structural reform of the supply side, meet the existing demand with self-controlled and high-quality supply, create and lead new demand, form a higher level of dynamic balance between supply and demand, and promote high-quality development to achieve new and greater results.

　　Make overall plans to expand domestic demand and optimize supply.

　　The General Secretary of the Supreme Leader pointed out: "We should make overall plans to promote the expansion of domestic demand and optimize supply, break through the breakpoints of combining the two, and give play to the advantages of super-large-scale market and strong production capacity."

　　The "Government Work Report" puts forward: "Focus on expanding domestic demand and promoting a virtuous circle of the economy."

　　On March 30th, Moby Dick Theater in Harbin Polar Park, Heilongjiang Province was full of audience. "Since the beginning of this year, the number of tourists received has increased significantly year-on-year, maintaining more than 10,000 person-times for several consecutive days." Zhang Jiwei, head of the park brand marketing center, said.

　　Supply and demand are two sides of economic development. All regions and departments make overall plans and make concerted efforts, organically combine the implementation of the strategy of expanding domestic demand with deepening the structural reform on the supply side, help expand domestic demand through the structural reform on the supply side, and continuously optimize supply based on demand expansion and upgrading.

　　Give full play to the demand advantage of ultra-large-scale market — —

　　Spring is blooming, and the home appliance market is welcoming the peak consumption season. On March 30th, in a home appliance store in Haidian District, Beijing, consumer Li Yi used the trade-in service to order an energy-saving air conditioner, which not only enjoyed the convenience of professional door-to-door disassembly, but also got the 300 yuan deduction, which was convenient and affordable.

　　The consumption market of household appliances is huge. In 2023, the total retail sales of household appliances and audio-visual equipment above designated size reached 871.9 billion yuan. The State Council recently released the Action Plan to Promote Large-scale Equipment Renewal and Trade-in of Consumer Goods, proposing that by 2027, the recycling of used household appliances will increase by 30% compared with 2023. All localities and departments actively support home appliance sales enterprises, production enterprises and recycling enterprises to jointly carry out trade-in promotion activities, set up online and offline trade-in areas and give preferential treatment to consumers who buy energy-saving home appliances to stimulate greater potential of home appliance consumption.

　　Give full play to the supply advantage of strong production capacity — —

　　On March 28th, in the automatic production line of Shandong Linqing Xinsen Machinery Co., Ltd., the intelligent manufacturing equipment independently developed by the enterprise was running at a high speed and orderly. "We focus on the manufacturing industry, focus on projects, strengthen industries, provide excellent services, promote upgrading, promote the manufacturing industry to extend, supplement and strengthen chains, and constantly shape new kinetic energy and new advantages for development." Chang Chaofu, secretary of the Party Working Committee and director of the Management Committee of Linqing Economic Development Zone, said.

　　Industrial innovation ran out of acceleration. 1— In February, China’s investment in high-tech industries increased by 9.4% year-on-year, of which investment in high-tech manufacturing and high-tech service industries increased by 10.0% and 7.8% respectively. In high-tech manufacturing, the investment in information chemicals manufacturing, aviation, spacecraft and equipment manufacturing increased by 43.2% and 33.1% respectively; In the high-tech service industry, the investment in professional technical service industry and information service industry increased by 36.2% and 16.1% respectively.

　　Wang Yiming, vice chairman of China Center for International Economic Exchanges, said that China has a population of more than 1.4 billion and a middle-income group of more than 400 million. The income level and consumption level of residents have been continuously improved, and new industrialization and urbanization have been continuously promoted. It is the most potential super-large market in the world. It is necessary to promote the expansion of domestic demand and optimize supply as a whole, and give full play to the remarkable advantages of scale economy, innovation and development and impact resistance brought by the ultra-large domestic market to China’s economic development.

　　Adhere to the strategic basis of expanding domestic demand

　　General Secretary of the Supreme Leader stressed: "To build a new development pattern, we must adhere to the strategic basis of expanding domestic demand, so that production, distribution, circulation and consumption rely more on the domestic market and form a virtuous circle of the national economy."

　　The "Government Work Report" proposes to "promote the steady growth of consumption" and "actively expand effective investment".

　　"Charging is much more convenient, and it is more reassuring to buy new energy vehicles." On March 29th, Theway, a citizen who experienced the fast charging service, said at the Hong Kong New Energy Vehicle Charging Station in Wutong Street, Tongxiang City, Jiaxing City, Zhejiang Province. According to the staff of State Grid Jiaxing Power Supply Company, the charging station was put into use not long ago, which can satisfy the charging of more than 90 new energy vehicles at the same time, provide citizens with faster and more convenient charging services, and help green transportation and new energy vehicle consumption.

　　Consumption continues to be hot and production is busy. On April 1st, in the workshop of Zhongke Yibo (Dezhou) New Energy Technology Co., Ltd. in Qingyun County, Dezhou, Shandong Province, rows of sodium ion power batteries were transported on the assembly line. Li Chao, the general manager of the company, said that the four production lines are "fully fired" and the workers are working at full capacity. It is estimated that the sales in the first quarter will reach 80% of the sales in the whole year last year.

　　Demand pulls supply, and supply creates demand. All localities and departments exert their efforts from both supply and demand, give full play to the advantages of ultra-large-scale market and strong production capacity, accelerate the construction of a new development pattern, and push high-quality development to a new level.

　　Promote accurate consumption — —

　　"At the peak of the spring tour season, we are welcoming the peak of booking." On March 31st, Huang Fang, the head of Tianmu Mountain Residence in Shangshitang, ru ao, Xinchang County, Shaoxing, Zhejiang Province, was busy receiving guests after guests. Around Tianmu Mountain, ru ao explores the local characteristic culture, creates a richer tourism experience, and stimulates the cultural tourism consumption to be more energetic.

　　The National Online New Year Festival, the time-honored carnival, the Beijing-Tianjin-Hebei Consumer Season jointly organized by Beijing, Tianjin and Hebei, and the "33 Consumer Festival" with strong national characteristics held in Guangxi & HELIP; … All localities and departments have accelerated the creation of new consumption scenarios, new formats and new models, launched various consumption promotion activities, optimized and improved the consumption environment, and further consolidated the "main engine" role of consumption in economic growth.

　　"We will do a good job in implementing various policies, stimulate potential consumption, and promote consumption to shift from post-epidemic recovery to continuous expansion, providing strong support for consolidating and enhancing the economic recovery to a good situation and better meeting the needs of people’s better life." Xu Xingfeng, director of the Department of Market Operation and Consumption Promotion of the Ministry of Commerce, said that it will adhere to the "policy+activity" two-wheel drive, highlight key categories and festival seasons, continue to organize colorful consumption promotion activities, foster and expand new consumption, vigorously develop digital consumption, stabilize and expand traditional consumption, promote the expansion of service consumption, optimize the consumption environment, and release greater consumption potential.

　　Major projects are in full swing — —

　　On April 1st, the comprehensive management project site of Xinxing Zhawei Bund in Tongguan District, Tongling, Anhui Province was in full swing, which was the first major water conservancy project started this year. "The project feasibility study approved a total investment of 1.01 billion yuan and a total construction period of 21 months. After completion, it will significantly improve the coastal flood control capacity and protect navigation conditions." The relevant person in charge of the Ministry of Water Resources said.

　　On March 13th, the inner dome ball belt of Tianwan Nuclear Power Unit 8 in Lianyungang, Jiangsu Province was successfully hoisted. At this point, the national key energy project — — Tianwan Nuclear Power Plant No.7 and No.8 have all entered the stage of installation and commissioning, and are expected to be put into operation in 2026 and 2027 respectively. By then, the total installed capacity of Tianwan Nuclear Power Base will exceed 9 million kilowatts, and it can provide clean power of more than 70 billion kWh per year.

　　The project of diverting water from the Yangtze River to fill the Han River has entered the full-scale construction stage, and the largest wind farm in the ultra-high altitude area in the world has been put into operation. The arch ring of Xiangshuidong aqueduct in Zhanghe Irrigation District of Hubei Province has been successfully turned and closed, and the construction of Pingliang-Qingyang railway in Gansu Province has started. The first land cable crossing project in China has been successfully laid in Zhoushan, Zhejiang Province & HELIP; … A number of major projects are in full swing to refresh the "progress bar", providing solid support for the "good start" of the economy this year.

　　Actively promote high-end, intelligent and green industries.

　　The General Secretary of the Supreme Leader pointed out: "All localities should proceed from reality, first establish and then break down, adjust measures to local conditions, and give classified guidance, and selectively promote the development of new industries, new models and new kinetic energy according to local resource endowment, industrial base and scientific research conditions, and transform and upgrade traditional industries with new technologies, and actively promote high-end, intelligent and green industries."

　　The "Government Work Report" puts forward: "Vigorously promote the construction of a modern industrial system and accelerate the development of new quality productive forces. Give full play to the leading role of innovation, promote industrial innovation with scientific and technological innovation, accelerate the promotion of new industrialization, improve total factor productivity, constantly shape the development of new kinetic energy and new advantages, and promote a new leap in social productivity. "

　　All localities and departments should intensify innovation, make efforts to fill short boards, draw long boards and forge new boards, cultivate and expand emerging industries, lay out and build future industries ahead of schedule, improve the modern industrial system, and promote the high-end, intelligent and green transformation of traditional industries.

　　Speed up the optimization and upgrading of industrial chain supply chain — —

　　On March 27th, the groundbreaking ceremony for the 8th and 6th generation AMOLED production line invested by BOE was held in Chengdu, Sichuan. This production line is the first in China and the second in the world for the 8th and 6th generation AMOLED production line, and it is expected to achieve mass production in 2026. This year, Chengdu plans to implement 510 major industrial projects with an annual investment of 104.28 billion yuan, with 107 projects under construction and 129 completed and put into operation.

　　Emerging industries will seize the opportunities in the future — —

　　In the laboratory of Carbon Cloud Intelligent Company in Guangdong Zhuhai Hengqin Guangdong-Macao Deep Cooperation Zone, a series of sophisticated instruments are producing a special chip — — The second generation of silicon-based polypeptide chip. This chip can synthesize up to 168 million micro-detection units on a single 8-inch silicon wafer, and the detection sensitivity of each micro-detection unit is hundreds to thousands times that of the existing standard methods. This means that it can realize multi-dimensional understanding of personal and public health status in the field of molecular biology. This is part of the whole industrial chain of "digital life" built by carbon cloud intelligence.

　　As a new concept, digital life is one of the application fields of the future life and health industry in Guangdong. The relevant person in charge of the Guangdong Provincial Department of Industry and Information Technology said that by 2030, the five industrial clusters of future electronic information, future intelligent equipment, future life and health, future materials and future green and low carbon will become new economic growth points in Guangdong.

　　Better overall planning to expand domestic demand and optimize supply, give full play to the advantages of ultra-large-scale market, improve the adaptability of supply system to domestic demand, open up the blocking points of economic cycle, and promote the benign interaction between supply and demand, which will certainly inject new impetus into the world economy while achieving its own high-quality development.

　　CCTV News:Since the summer vacation, the summer vacation in Heilongjiang has continued to heat up. The Arctic Village in Mohe, with an average temperature of 18 degrees Celsius in summer, attracts a large number of tourists to punch in the northernmost landmark and enjoy a cool summer.

　　You Jiang, an Arctic village boundary, is a favorite experience project for tourists. You can enjoy the beautiful scenery of the two countries by taking a sightseeing boat to swim across the border.

　　The popularity of local tourism has given many local people new employment opportunities. Li Xijiang, 46, plans to invest 3 million yuan in 2024 to customize a yacht that can take 200 people, and his own homestay is also fully booked.

　　In a homestay in Arctic Village, the dazzling and ingenious cultural and creative products not only attract tourists to buy, but also catch the "Dongfeng" of the Internet and sell it all over the country.

　　In the first half of 2024, Mohe received a total of 1.1203 million tourists, up 121.10% year-on-year, and realized a tourism income of 1.023 billion yuan.

　　Nadam convention opens to ignite summer passion

　　In Bazhou and Hejing County, Xinjiang, on July 27th, the annual Nadam Convention was opened. Herdsmen ride horses on the grassland to compete and ignite summer passion with tourists from all over the country.

　　Shepherd’s Competition is one of the indispensable traditional sports events for the Nadam Conference in Hejing County, and it is also one of the most popular events among the masses. At the scene of the competition, the participating herdsmen rode horses and shuttled among the horses, quickly subduing the running fierce horses with a rope in their hands. The scene was fierce and attracted many tourists to watch.

　　In Hejing County, Nadam Convention is an annual grassland festival. People of all ethnic groups dressed in festive costumes sang and danced, attracting tens of thousands of tourists. In addition, traditional ethnic sports events such as horse racing, camel racing, equestrian barrel winding and archery compete to start.

　　Summer sports enthusiasm is high, and some venues are "hard to find"

　　The hot weather can’t stop everyone’s enthusiasm for fitness. In Ningbo, Zhejiang Province, the sports venues are very lively, and badminton courts, tennis courts and other sports venues are "hard to find" in hot periods.

　　In the swimming pool of Ningbo Sports Development Center, most of the students who come to practice swimming are students on summer vacation. According to the staff, the daily passenger flow of the swimming pool has reached more than 3,500, which is 60% higher than usual.

　　Badminton, basketball, tennis and other ball games are hard to find in the evening, weekends and other popular periods.

　　In the badminton hall, many citizens are sweating and learning skills.

　　Visit the film museum in summer to experience the beauty of light and shadow.

　　During the summer vacation, many film museums have optimized service measures and launched rich activities, making visiting film museums a new choice for leisure and entertainment this summer.

　　In Beijing and china national film museum, short films such as the China dinosaur science art exhibition and the original "four-screen linkage" video of traditional festivals and solar terms are broadcasted in cycles, which organically integrate light and shadow resources with science, education and culture. The movie dubbing experience pavilion specially added for summer vacation attracts young people to increase their scientific wisdom and artistic accomplishment in interactive practice.

　　In terms of film scheduling, the museum plays classic domestic old movies for the audience free of charge all the year round, and has launched a summer public welfare exhibition. At the same time, according to the characteristics of summer vacation, movies suitable for teenagers are correspondingly increased. From time to time, we hold live broadcast of online classic films, as well as film cultural exchange activities such as dubbing teaching, intangible experience, research and exploration. And through measures such as delay and staggered peak opening, more flexible visit options are provided to the public.

　　As an old-fashioned cinema in Shenyang, Guanglu Cinema has a century-old film history of China, a red film area, foreign film scenes and other film and television cultural exhibition areas, with old projectors, film copies and film collections on display. This movie-themed museum, which has the function of a modern cinema, recently launched 15 convenience service measures, including free movie poster collection, to attract tourists to visit.

　　Light up more than 2,700 open-air movies on summer nights and enter the community.

　　In addition to going to the film museum to watch movies and gain knowledge, during the summer vacation, Zhejiang Province also launched a film public welfare screening activity. Film projectionists went into communities and villages to show open-air films to light up summer nights for the grassroots.

　　A 10-square-meter white curtain, a small digital projector and a set of amplifier audio equipment are combined to form a temporary "cinema". At 7 o’clock in the evening, in the community square of Cangqian Street, Yuhang District, Hangzhou, the animated film "Boonie Bears: Time Twist" was released on time.

　　According to reports, the local community has screened movies with different themes, such as box office bestsellers, classic nostalgia and animated films, for different age groups, so as to meet the movie-watching needs of different age groups to the greatest extent. The film charity event will aim at realizing "one movie per village in January", and it is planned to show more than 2,700 movies for many village communities in 12 local towns and streets.

　　Xishuangbanna welcomes a large number of students to study.

　　It is summer, and in Xishuangbanna, Yunnan, the summer tourism market continues to heat up. Among them, most of the tourists are students from all over the country, and everyone uses the summer vacation to carry out research activities.

　　Summer is also the peak period of tourism in Xishuangbanna. Compared with previous years, the folk experience and natural science popularization activities with the theme of research in 2024 were welcomed by parents and students.

　　It is understood that tourists are more inclined to choose more flexible free travel or boutique small group tours, customized groups and other tourism products.

　　Punch and exult quadrangles perceive the central axis of culture

　　Near the central axis of Beijing, there is the largest street civic cultural center in the old city of Beijing, known as the "jubilant quadrangle", where theme activities related to traditional history and culture are held every week.

　　This quadrangle is located at No.40, Backstreet, Beijing Art Museum. Since then, it has become a beautiful name. Ma Li ‘ao Nan is a post-90s generation. She and four partners of the same age have worked in this quadrangle for four years.

　　In order to make this quadrangle "jubilant", Ma Li Aonan and her team customized and developed a small program. Through WeChat official account, the event forecast is released to the whole city every Friday, and citizens can participate in the event as long as they register online.

　　In the past four years, this post-90s team has launched four sections: lasting appeal, flavor, interest and delicacy. They combine the knowledge, interest and daily life in traditional culture, so that citizens can gain historical and cultural knowledge in a happy experience.

　　This quadrangle is a shield space during the construction of Beijing Metro Line 8. After the completion of the subway, this space has also been built into the largest street civic cultural center in the old city of Beijing, with a total area of over 5,000 square meters.

　　Since its opening four years ago, "After Beauty" has launched more than 4,000 activities. Among them, there are activities related to the central axis every month, and this summer vacation has launched more than a dozen games in a week. Interesting central axis activities can let children know about the central axis and ancient buildings on both sides through inserting toys.

　　Looking at Beijing in the small courtyard, up to now, this quadrangle has attracted 750 thousand people to participate in the activities.

　　Experience the "ringing the bell" in the bell tower and talk about AR cultural relics in the exhibition hall.

　　Beijing Bell and Drum Tower is a landmark building at the northern end of Beijing’s central axis, and it was once the time center of Yuan, Ming and Qing dynasties. In recent years, Beijing Bell and Drum Tower, with "China Time Culture" as the core, has created a variety of scenes through digital technology, which has enhanced the participation and experience of public tours and promoted the spread and inheritance of the history and culture of the central axis.

　　The Yongle Bell was cast in the Yongle period of Ming Dynasty. Its body is 7.02 meters high and weighs about 63 tons. It can be called the "king of ancient clocks" in China. Once upon a time, its mellow and deep bells resounded through Beijing.

　　Nowadays, with the help of 3D projection technology, visitors can also "ring" the Yongle Bell.

　　In addition to using 3D projection technology, in the Bell and Drum Tower Exhibition Hall, children can also have a dialogue and interaction with the image of the chiropractor AR on the screen. After the AR cultural relics have "introduced themselves" and the children have answered the questions, the story game will automatically start.

　　Our reporter Wen Wen Intern Cheng Weijia

　　The problem of excessive formaldehyde in rental houses has recently aroused social concern. Chain Home Group’s long-term rental apartment service provider "freely" announced that all the first-time rental houses in 9 cities across the country have been removed from the shelves since September 1, and will not be put on the shelves until the professional certification bodies have passed the inspection. This is also a response to many complaints about air quality problems in long-term rental houses.

　　Why do long-term rental houses have excessive indoor formaldehyde? How to avoid indoor air pollution when decorating houses? The reporter conducted an interview a few days ago.

　　Renting a house encounters "formaldehyde exceeding the standard"

　　I thought the online news was far away from me, but I didn’t expect that in just one month, two students of the reporter both encountered air pollution problems in the process of renting a house.

　　Xiao Guo, a graduate student from Shanghai who came to Beijing, just solved the problem of finding a job, but experienced a disturbing storm of excessive formaldehyde in renting a house.

　　A few days after staying in the rented house, Xiao Guo felt a sore throat and headache, and his eyes were dry and even a little unclear. Xiao Guo bought a test paper online for testing, and found that formaldehyde in indoor air exceeded the standard by more than 12 times, even exceeding the extreme value that can be measured by test paper.

　　Xiao Guo further investigated and found that the pollution source should be the newly changed furniture provided by the intermediary. In desperation, she had to find a rental agent, arguing that she hoped to replace the furniture and compensate for physical damage.

　　However, the intermediary company refused to replace the furniture, claiming that it can withdraw the rent, but it is considered that the renter has breached the contract and needs to pay the corresponding liquidated damages. On the one hand, it is a health hazard, on the other hand, the house you rent can’t live, and you can’t defend your rights. You can’t find a house for a while when you change rooms. Guo is very embarrassed and can only stay at a friend’s house temporarily.

　　Xiao Guo’s experience is not unique in big cities such as Beijing and Shanghai.

　　Xiao Dong, another classmate of the reporter, works for a famous large Internet company in Beijing. In order to facilitate commuting, she chose to rent near the company and found a "free" rental house.

　　Due to the tight housing of the "Free" platform, Xiao Dong quickly rented the house before he had time to look at it carefully. However, after checking in, I found that the smell in the room was very strong, and I would feel dizzy after sleeping for one night in the morning. After testing confirmed that the indoor air formaldehyde exceeded the standard, the "Free" platform provided free rent change. However, due to the shortage of housing near the company, there is no suitable house replacement for the time being, and Xiaodong can only continue to rent in a house with excessive formaldehyde.

　　Now Xiao Dong has bought an air purifier in in addition to formaldehyde from his own pocket. "The effect is like that, and it is a peace of mind."

　　Recently, the number of complaints about indoor air pollution in long-term rental houses such as "Free" has increased. In this regard, many tenants feel helpless and are in a dilemma.

　　Lack of supervision and system makes it difficult to protect the rights of air pollution in long-term rental houses.

　　Reducing the cost of decoration and shortening the time from the completion of decoration to the opening of rent make the indoor air pollution problems of long-term rental houses frequent.

　　As a commercial operation, long-term rental apartments and long-term rental houses must consider their costs and profits. According to industry sources, the decoration standard of ordinary long-term rental apartments is not too high, and in some second-tier cities, it is often less than 500 yuan/square meter. And the average family decoration cost is at least 700 yuan ~800 yuan per square meter. In addition, the decoration time is as short as possible, often controlled within one month. In the mode of "low" and "fast", the indoor air quality of houses is not optimistic.

　　Ordinary home improvement rooms will be ventilated and "aired" for 3 to 6 months after renovation, so that harmful gases such as indoor formaldehyde can be fully volatilized. However, in order to pursue economic benefits, many apartment intermediaries rent out their houses immediately after renovation. Even an apartment manager said, "In order to control costs, renovated houses are usually placed for up to 3 days, and then listed for rent."

　　At the cusp of public opinion unanimously demanding that the rental platform take measures, "Freedom" promised in the announcement that tenants who stayed in "Freedom" for the first time after June 1, 2018 can apply for free air quality testing if they have doubts about indoor air quality. If there is a problem that the air quality of the house exceeds the standard, one of three options can be provided, including unconditional rent withdrawal and rent change; Provide free air quality control, and check in after passing the inspection; Or provide a brand air purifier for free use for 90 days.

　　The effect of "freely" solving problems remains to be seen. However, there are still no relevant measures for more long-term rental intermediary platforms.

　　For most tenants, they are in the downstream of housing lease and are vulnerable groups; More importantly, in the current laws and regulations, there are no clear constraints and regulations on the indoor air quality of rented houses, which undoubtedly increases the difficulty of tenants’ rights protection.

　　At present, China’s indoor air testing is based on the Indoor Air Quality Standard promulgated and implemented in 2002 and the Code for Indoor Environmental Pollution Control of Civil Construction Projects implemented in 2013. In the Indoor Air Quality Standard, the indoor formaldehyde standard is 0.1 mg/m3 (one-hour average), but this standard is not mandatory.

　　In some cities, there is no design to restrict the air quality of rental housing decoration environment, and the formaldehyde treatment of some intermediary companies is still blank.

　　Many tenants believe that simply returning the room unconditionally cannot finally solve the problem. "My health has been hurt, the time and energy spent in the coordination process, and the mental anxiety suffered by the unreasonable treatment of the rental platform. Who will bear these?"

　　"If the formaldehyde in the rental house exceeds the standard, the intermediary company or landlord should bear the medical expenses or other financial compensation for the tenant." Xiao Guo told reporters like this.

　　Suspected that the formaldehyde in rented houses exceeded the standard.

　　Evidence should be obtained in time and a third party should be invited to identify it.

　　"In order to maximize the benefits, some housing agencies rent out houses that have just been renovated for a few days, which is irresponsible for the tenants’ right to health." Han Xiao, a Beijing Kangda law firm, said in an interview with the media that if the court finds that there is a causal relationship between the tenant’s illness and the decoration and the house, according to Article 2 of China’s Tort Liability Law, the house decoration and lessor should bear the corresponding civil liability for compensation. At the same time, he introduced that at present, China’s housing rental disputes are mainly based on the Tort Liability Law, the Contract Law and the Judicial Interpretation of Personal Injury Compensation.

　　Whether the diseases suffered by residents are caused by excessive formaldehyde, if it is difficult to get the results in medical appraisal, the renter’s appeal may not be supported by the court in the end. Han Xiao reminded the public that if tenants feel unwell or suspect that formaldehyde exceeds the standard, they should immediately obtain relevant evidence, hire a third-party professional organization to conduct appraisal, move out immediately after doing the corresponding appraisal, ensure their personal safety to the maximum extent, and hire lawyers to take corresponding rights protection channels.

　　However, he also admitted that even so, after looking for a professional appraisal agency to make an appraisal, some parties still could not directly point the cause of the disease to excessive formaldehyde.

　　Luo Laiheng, a doctor in Nanchang Second Hospital, also agrees with Han Xiao’s statement. He said that the causes of the disease are various and not necessarily directly related to the decoration, so it is difficult to determine the specific causal relationship in medical appraisal. Yan Yuejin, research director of the think tank center of Shanghai Yiju Real Estate Research Institute, suggested that in case of suspected formaldehyde exceeding the standard, consumers should not only actively collect evidence, but also promptly complain to operating enterprises and relevant regulatory authorities.

　　— — Expert advice

　　Reduce pollution from the source, and the materials are environmentally friendly and ventilated.

　　At present, the housing supply in the rental market is tight, and tenants generally have a headache if they encounter problems such as excessive formaldehyde. After all, it is related to human health and cannot be sloppy. However, it is difficult to prevent indoor air pollution. After the discovery, due to the cost of living, economic cost and time cost, there is limited room for choice in the seller’s market.

　　In addition, because it is difficult to bear the high cost of asking a professional formaldehyde testing team to collect evidence, the harm of formaldehyde to the body can not be shown in a short time. It is easy for intermediary companies to avoid responsibility, and it is difficult for tenants to obtain compensation. Everyone can only choose not to do it or compromise.

　　Practice has proved that it is difficult to protect the health rights and interests of renters by relying solely on the independent adjustment of both parties, and it is also not conducive to the rights protection of consumer disputes. There is still a lack of clear rules for solving the problem of rent withdrawal claims caused by excessive formaldehyde.

　　"In the United States, the law clearly stipulates that rented houses must be rented after half a year of renovation." Peng Yingdeng, a researcher at the National Urban Environmental Pollution Control Technology Research Center, told reporters.

　　In addition to laws and regulations, in order to prevent indoor pollution, the United States and other developed countries have also taken some supporting measures. Peng Yingdeng told reporters that in many developed countries, furniture and building materials are required to use more environmentally friendly materials. "Most foreign furniture and building materials use phenolic resin, which contains only a small amount of formaldehyde and is basically negligible."

　　Peng Yingdeng said that the cost of phenolic resin is high, and many domestic enterprises choose to use urea-formaldehyde resin with much lower price in order to save costs, while urea-formaldehyde resin contains high formaldehyde. "The furniture in the Olympic Village of Beijing Olympic Games uses phenolic resin, and there is no indoor pollution problem."

　　Peng Yingdeng suggested that the state should reduce indoor formaldehyde pollution by controlling the raw materials of furniture and building materials, and encourage or support enterprises to use more environmentally friendly products. Cheap building materials bring temporary cost reduction and enterprise profit increase, but in the long run, the damage to human health can’t be measured by money.

　　Experts in the industry also suggested that formaldehyde is a "self-contained component" in many building decoration materials. Even if you carefully select and use high-quality and environmentally-friendly decoration materials, it is difficult to completely avoid its invasion. Therefore, it is necessary to maintain ventilation for a period of time after the renovation of new houses to ensure safety.

On July 23rd, local time on July 21st, Arm’s first 32-bit microprocessor Plastic based on flexible plastics was published in the top academic journal Nature.

PlasticARM consists of 56340 NMOS(N-type metal-oxide-semiconductor) transistors and resistors. PlasticARM adopts thin film transistor (TFT), which can be bent to a radius of curvature of 3 mm..

This microprocessor is manufactured by PragmatIC, a British flexible IC manufacturer invested by Arm. It adopts FlexLogIC 200mm wafer process, and the chip process is 0.8μm, which has the potential of low-cost mass production.

In the past 20 years, there have been low-cost flexible solutions for memory, sensors, batteries and light-emitting diodes. However, as for microprocessors, people can only integrate the silicon-based microprocessor die on the flexible substrate, thus obtaining a flexible microprocessor. However, this scheme needs to adopt the traditional chip manufacturing process, and the cost is too high, which is far from meeting the requirements of intelligent daily necessities.

According to the paper, PlasticARM does not want to replace the traditional silicon-based chip, but it can really make daily necessities such as beverage bottles, food packaging, clothing, bandages and wearable devices intelligent.

▲ Mike Muller, CTO of ARM at that time, was showing samples of plastic chips.

Based on this, as early as 2015, Arm revealed the research and development plan of the system on a plastic chip (SoC) based on Cortex M0. On November 24th, at Arm TechCon, Mike Muller, then CTO of ARM, showed samples of plastic chips. He also hinted that this design can be applied to low-power application scenarios such as the Internet of Things.

During the event, Mike Muller had a telephone conversation with Scott White, CEO of PragmatIC. But PragmatIC was still busy developing an analog component library at that time, and its timetable was not clear.

Time has passed today, and the flexible plastic microprocessor that has been running for 6 years has finally been officially published. Does this mean that the pace of the fully intelligent era is approaching?

PlasticARM is manufactured in its fab-in-a-box wafer factory in Sedgefield, England, using the 0.8μm process of PragmatIC.

According to the researchers, PlasticARM has more than 18,000 logic gates, which is 12 times higher than the previous flexible integrated circuit, and it is by far the most complex flexible integrated circuit. On the basis of Plastic, people can build a low-cost, flexible intelligent integrated system and realize the real "Internet of Everything".

PlasticARM is not perfect either. It is reported that Arm is developing a low-power unit library, which can support plastic design of up to 100,000 doors to solve the heat dissipation problem of flexible plastics. However, practical NMOS technology may not be able to realize the migration of 100,000 gates, and CMOS technology is needed, which may take several years.

Nevertheless, researchers predict that in the next decade, PlasticARM will integrate more than 1 trillion products into the digital world, bringing reform opportunities for life, scientific research, business and other dimensions.

Compared with the commonly used metal-oxide-semiconductor field-effect transistor (MOSFET), Arm adopts thin film transistor (TFT), which has obvious advantages in thickness, integration and manufacturing cost.

In the manufacturing process, the researchers chose flexible electronics manufacturing technology, which is also known as the naturally flexible processing engine. The metal oxide thin film transistor manufactured by this technology has low cost and the size also meets the requirements of large-scale integration.

▲ flexible Arm Cortex-M SoC with I/O.

It is worth mentioning that PlasticARM is more universal than the recently released flexible machine learning hardware, and also supports a rich instruction set, which can be used to write various applications such as machine learning.

PlasticARM is mainly divided into three levels, namely 32-bit CPU；; 32-bit processor including CPU and CPU peripherals; And a system-on-a-chip (SoC) including a processor, a memory and a bus interface, namely a PlasticARM.

Its CPU is Arm Cortex-M CPU supporting Armv6-M architecture. Different from Cortex-M0+,in order to save CPU area, the registers of Cortex-M CPU are placed in RAM. Moreover, the two CPUs are binary compatible with each other, and are also compatible with other CPUs in the same architecture series.

Because the SoC is compatible with Arm Cortex-M processors, it can be equipped with existing software/tools without building a new software tool ecosystem.

The processor consists of a CPU and an embedded vector interrupt controller (NVIC) closely coupled with the CPU, which is used to handle interrupts from external devices.

In addition to the 32-bit processor, SoC also has memory (ROM/RAM), AHB-LITE interconnection structure, logic interface, bus interface and other parts.

▲ PlasticARM structure (left) and comparison with two CPU models (right)

With the advent of Plastic, wearable devices, electronic skin, etc. will usher in new development opportunities. Although its manufacturing process is lower than that of silicon-based chips, Plastic’s characteristics of low cost, low power consumption and using existing software tools may become a good opportunity for many industries to break through.

Although PlasticARM has not been commercialized, looking forward to the future era of "Everything is Smart", today will be an important node.

Keresey originated from Aofei Temple.

Quantum bit | WeChat official account QbitAI

Musk’s FSD (fully automatic driving) was cracked again, and this time the hacker found out the "hidden mode".

Interestingly, the hacker found from the code that Musk named it "Elon mode" with his own name.

After testing, it is found that in Elon mode, it is not necessary to hold the steering wheel to start automatic driving.

Under normal circumstances, the test version of FSD requires the driver to keep his hands off the steering wheel and keep his eyes focused.

Once the system detects that the hand leaves the steering wheel or the line of sight deviates, it will send out a safety reminder, and after five reminders, it will lose the test qualification.

After cracking, the hacker drove 600 miles (about 965 kilometers) without receiving a security reminder.

Hacker Green said that the "Elon mode" is a function of Tesla itself, and he just discovered and opened the entrance of this hidden function.

However, for the specific entry method, Green said that there is no comment.

As for the naming of "Elon mode", some netizens ridiculed, "Is it that you will automatically tweet when you step on the pedal?"

More seriously, we are discussing whether this system can achieve L3-level automatic driving.

Six years focused on Tesla cracking

The hacker named Green has been focusing on Tesla’s cracking since 2017.

Previously, Green had exposed some safety problems of Tesla products.

For example, the security vulnerability of Model3/Y camera has a huge risk of privacy leakage.

Through this loophole, criminals can crack the camera inside the car and see the scene inside the car.

In addition to software cracking, hardware is also within the scope of Green’s research.

Green once said this on social media:

What is the first thing to do after getting a new Tesla?

Tear it down, of course!

Earlier this year, Green had exposed the disassembled photos of Tesla’s newly developed HW(hardware)4.0.

Tesla did not officially announce the HW4, but directly put it into the newly produced car.

However, Green discovered this and announced the installation of HW4 on February 16th before the Tesla Conference.

Apart from the product itself, as long as it is Tesla’s safety issues, it is all concerned by Green.

A few years ago, there was a high-profile discovery that Tesla’s discarded media devices were at risk of privacy leakage.

He found that the sensitive data in the old car media equipment recycled by Tesla was not completely destroyed.

After treatment, these old devices still contain the private information of the former owner, and the old devices can be bought at a very low price.

As a white hat hacker, in addition to announcing some new functions to the public, Green’s more important purpose is to attract Tesla’s attention.

From the results, Tesla does have many improvements on security issues.

For example, after cracking the FSD this time, Green said that he found that Tesla’s security system has improved a lot compared with 2017.

FSD safety reminder was spit out.

Tesla FSD’s safety reminder mechanism has been widely vomited.

Green’s cracking just bypassed the dedicated detection system after this.

Too frequent detection reminder frequency makes the experiencer feel "nagging".

What’s more, as long as you are distracted for five times, you will lose the qualification to use FSD.

It’s okay if FSD makes an accurate judgment, but in fact, misjudgments are too common.

For example, when the driver is wearing a hat, the gaze detection system may think that the driver is not looking straight at the road ahead, thus triggering a reminder mechanism.

Just because I’m wearing a hat, I can’t use the FSD before I finish my trip. Who can stand it?

However, according to TheVerge, Musk seems to have hinted in December last year that there is no nag-free FSD mode coming soon.

Are you looking forward to experiencing FSD that can open your hands and eyes?

Reference link:

[1]https://www.theverge.com/2023/6/20/23767041/tesla-hacker-elon-mode-hands-free-full-self-driving-autopilot

[2]https://twitter.com/greentheonly

[3]https://cleantechnica.com/2023/06/20/what-is-tesla-fsd-beta-elon-mode-and-what-does-it-tell-us/

Advances in science and technology meet every day ~

Original title: "Tesla FSD cracked," Elon mode "exposure: hands off the steering wheel, 900+ km 0 reminder"

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The first day of Spring Festival travel rush in 2024

(Departing on January 26th)

Train tickets have been officially put on sale.

The annual Spring Festival travel rush "Drama" kicked off.

The Spring Festival is closed for 8 consecutive days.

Spring Festival travel rush train tickets are officially on sale.

The legal holiday of the Spring Festival in 2024 is from February 10 to February 17, 2024, and the train ticket is pre-sold 15 days in advance. Tickets for the first day of Spring Festival travel rush (January 26th) were sold on January 12th.

2024 Spring Festival travel rush Train Ticket Purchase Guide:

New Year’s Eve train tickets (February 9th)-on sale on January 26th, 2024.

Train tickets for New Year’s Day (February 10th)-on sale on January 27th, 2024.

New Year’s Day train tickets (February 11th)-on sale on January 28th, 2024.

Train tickets on the third day of the New Year’s Day (February 12)-on sale on January 29, 2024.

Train tickets for the fourth day of Lunar New Year’s Day (February 13th)-on sale on January 30th, 2024.

New Year’s Eve train ticket (February 14th)-on sale on January 31st, 2024.

Chengdu became the first day of Spring Festival travel rush.

One of the hottest cities

How about grabbing tickets?

Which lines are hot?

Zheng Shijun discovered from 12306App.

Except for a few popular lines

It is not difficult for Spring Festival travel rush to grab tickets on the first day.

Ten minutes after the ticket is sold.

There are still many tickets left in the popular direction trains.

Chengdu became one of the hottest cities in Spring Festival travel rush on the first day.

Big data confirms this. According to the search data of Tongcheng Travel Platform, the first-day tickets for Spring Festival travel rush from first-tier cities and regional core cities to Chongqing, Harbin, Guiyang, Chengdu, Kunming, Xi ‘an, Changsha and Zhengzhou are the most popular. The data of where to go also shows that the top destinations in Spring Festival travel rush on the first day were Chongqing, Harbin, Chengdu, Beijing, Xi ‘an, Kunming, Guiyang, Guangzhou, Changsha and Zhengzhou.

"According to previous years’ experience, Spring Festival travel rush was in the early winter vacation, and the popular route was the return route." According to the relevant person in charge of the platform, due to the late Spring Festival in 2024, students’ travel time is scattered, and the initial passenger flow in Spring Festival travel rush is diverted to January 10-25, so it is not difficult to buy tickets for most return routes in Spring Festival travel rush on the first day. Destinations such as Harbin, a popular tourist city, and Zhengzhou, where returning home and business trips overlap, are hot. From January 24th to 26th, tickets can be purchased from the 28th of the twelfth lunar month to New Year’s Eve, which will be the peak of travel, so it is difficult to purchase tickets.

Train tickets from Beijing, Shanghai, Guangzhou and other places to Chengdu have always been popular, especially during the period of Spring Festival travel rush, "one ticket is hard to find". Is it still the same this year? The reporter logged into the 12306App search and found that at present, the tickets for some trains from Beijing to Chengdu are more popular, and there are still tickets for high-speed trains, but some tickets for trains from Guangzhou to Chengdu have been sold out.

As primary and secondary school students from all over the country begin to take winter vacation, the booking volume of winter vacation parent-child travel products on the same journey platform is also growing rapidly. In the past week, the search volume of parent-child hotels, theme parks and other products on the platform has increased by more than 60% month-on-month. The travel time of parent-child tour in winter vacation is relatively concentrated on January 20-31, which partially overlaps with the flow of migrant workers and students in Spring Festival travel rush in the first week. The high-speed train tickets from major cities to popular destinations of parent-child tour such as Harbin, Beijing, Shanghai and Guangzhou are highly concerned.

The sale of train tickets in Spring Festival travel rush also means that the pre-sale of civil aviation tickets in Spring Festival travel rush is accelerated. According to the platform data, in the past three days, the number of air ticket bookings increased day by day during Spring Festival travel rush, and the first wave of travel peak appeared on January 20, and the growth of college students was obvious from the age segment; The second peak appeared on January 27th, and the third was on February 7th and 8th, that is, on the eve of New Year’s Eve. From the destination point of view, Harbin and Sanya are more popular. With the opening of train tickets, the booking volume of air tickets for visiting relatives in Chongqing and Guiyang will also increase.

Rongcheng political reporter Li Yanqin

Editor mu xiaolan

Strive to open three new lines this year! These places in Chengdu will be connected by subway →

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Spring Festival travel rush has begun.

Are you eager to go home?

There are thousands of ways to go home, and peace comes first!

Please keep this traffic safety reminder.

First, drive a qualified vehicle, and do not drive a "sick" car. Drivers must carefully check the vehicle circuit, tires, wipers, lights, steering and braking systems before leaving the vehicle, find and eliminate potential safety hazards in time, and ensure the good safety and technical performance of the vehicle. Do not drive a faulty car or a sick car.

Second, refuse dangerous driving and drive safely. Drivers of vans must not drink and drive, overload, mix passengers and goods, illegally operate, driving without a license or drive unqualified. Compared with cars, vans are taller, heavier, and have larger blind spots. Do not be too strong, and it is strictly forbidden to stop, reverse, or retrograde at will. The goods on board should be firmly tied, and the illegal carrying and transportation of inflammable and explosive dangerous goods should be resolutely put an end.

Third, refuse drunk driving and travel in a civilized way. Drunk driving will cause visual impairment, reduce the ability of judgment and operation, and easily lead to traffic accidents. During the period of Spring Festival travel rush, the traffic police department will keep the situation of "zero tolerance" for drunk driving under strict control. When friends and relatives get together, always remember to drink and not drive, and don’t take chances and try your best.

Fourth, control the speed and drive carefully. Drivers should drive strictly according to the prescribed speed, and don’t overspeed. In curved slope sections, slippery roads and bad weather conditions, you should slow down and keep a safe distance from the car in front, and beware of rear-end collision and rollover caused by too fast speed. When passing through a long downhill section, you should drive in low gear and never slide in neutral.

5. Safe and civilized driving. On the way home and back, we should overcome impatience, keep a calm mind, and prevent illegal acts that are easy to cause traffic accidents, such as road rage, chasing racing, and being strong and strong. In case of traffic jam, you should obey the command of the traffic police, and don’t change lanes frequently and occupy emergency lanes.

Sixth, reasonable work and rest, not fatigue driving. Long-distance passenger and freight fatigue driving is harmful, so you should ensure adequate sleep before driving. Strictly abide by the laws and regulations when driving, and ensure that the cumulative driving time does not exceed 8 hours throughout the day, 4 hours of continuous driving during the day and 2 hours of continuous driving at night, and stop for more than 20 minutes.

Seven, bad weather, don’t risk traffic. There are frequent snow and ice weather in winter, so you should know the weather in advance, pay attention to the traffic information and arrange the travel route reasonably. In case of snow and ice weather during driving, please slow down, increase the distance between cars, turn on the taillights and fog lights, and pass through the dangerous sections of snow and ice on the premise of ensuring safety.

Eight, a helmet area, security is always there. Fasten your seat belt when driving a vehicle. Drivers of passenger transport, tourism and private vehicles should do a good job of reminding passengers to fasten their seat belts all the time, and wear helmets when riding motorcycles and electric bicycles. Wearing a helmet correctly can protect the head, greatly reduce the direct injury to drivers and passengers, and effectively reduce the death rate of accidents.

Nine, ride a legally operated vehicle. People returning home by chartered bus should choose vehicles and drivers with operational qualifications through regular passenger transport enterprises, go through the formalities in accordance with the regulations, do not covet cheap or convenient use of illegally operated "black cars", and resolutely do not take overcrowded vans.

During Spring Festival travel rush.

Guyuan traffic police will do their best to ensure the work in Spring Festival travel rush.

Ensure that the people travel safely.

Guard everyone’s safe way home.

We are always by your side!

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Original title: "Ping An Spring Festival travel rush Traffic Police Peer | Traffic Safety Tips during Spring Festival travel rush"

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　　★ 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.

　　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)