Gree Bo’s performance in the first year of listing "changed face", can the "returnees" boss increase his holdings?

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  Source: Yema Finance

  What happened to "the first share of new energy garden machinery"?

  The first report card after listing made investors very dissatisfied.

  On January 31, 2024, Gree Bo released a performance forecast, saying that the company expects its operating income to be 4.6 billion yuan to 4.7 billion yuan in 2023, down 9.8% to 11.7% in the same period; It is estimated that the net profit returned to the mother will be a loss of 370 million yuan to 430 million yuan, a year-on-year decrease of 239.1% to 261.7%; It is estimated that the non-net profit will be a loss of 300 million yuan to 360 million yuan, down 235.7% to 262.9% year-on-year.

  The year of listing was a huge loss, which immediately attracted the attention of Shenzhen Stock Exchange. On February 6, Shenzhen Stock Exchange sent a letter of concern to Gree Bo, asking Gree Bo to explain the specific impact of downstream retailers’ destocking on the company’s income; Rationality of the decline in gross profit margin; The reason and rationality of the increase in sales expenses.

  Source: Screenshot of Gree Bo Announcement

  In this regard, many investors said that "listing will be a huge loss, a problem company!" "It’s been falling every day this month, but it’s still falling and not rebounding", "Doubtful life of falling", etc., and some investors questioned Gree Bo’s "fraud".

  Source: screenshot of the stock bar

  Moreover, according to the statistics of the media "Deepwater Finance and Economics", among the 1,072 listed companies that have issued advance notices, only 10 will be listed in 2023, of which 3 will reduce losses and 5 will increase losses. Among the 2 pre-losses, except those listed on the North Stock Exchange,(830809.BJ), Gree Bo is the only company that lost money in the first year of listing.

  In 2019 and 2020, Gree Bo also has a net profit growth rate of over 200%; A year ago, with the aura of "the first share of new energy garden machinery", Gree Bo successfully went public with a gross profit margin and price-earnings ratio much higher than that of the same industry. What happened to Greebo in just one year?

  Where is the loss?

  In fact, Greebo’s losses have long been warned.

  On February 8, 2023, Greebo successfully landed on the founding board. The first quarterly report after the listing of Greebo showed a decline in revenue and net profit. In the first quarter of 2023, Greebo’s operating income was 1.551 billion yuan, a slight decrease of 0.77%. The net profit of returning to the mother was 87 million yuan, down 40.78% year-on-year.

  By the second quarter, Greebo directly turned into a loss. According to the semi-annual report of Gree Bo in 2023, in the first half of 2023, the company achieved an operating income of 2.581 billion yuan, down 18.79% year-on-year, and the net profit attributable to the mother was a loss of 54 million yuan, down 121.24% year-on-year.

  In this regard, Gree Bo explained that the main reason is that retail wholesalers gradually turned to the active destocking stage, which slowed down the procurement pace of suppliers and the sales of the company’s products declined. Moreover, in order to go out of stock, Greebo stepped up product promotion in stages and lowered the prices of some old products through discounts and other means. In the first half of 2023, the gross profit margin of Gree new energy garden machinery products was 25.26%, down 1.17% year-on-year.

  Even if the demand of downstream suppliers weakens, it is necessary to go to stock by promotion. But Greebo still believes that this is a good time to grab the market.

  "In order to seize the favorable position in the market and strive for greater profits in the future, the company increased its sales investment. In the first half of the year, the company continued to increase its brand building, the sales staff increased, the marketing expenses increased, and due to the increase of the company’s scale and inventory goods, the storage expenses also increased significantly year-on-year."

  According to the semi-annual report of 2023, the sales expenses of Gree Bo were 398 million yuan, up 40.93% year-on-year.

  Although Greebo spent a lot of sales expenses, it still failed to stop the downward trend of performance. By the third quarter of 2023, Greebo’s losses were further aggravated, with revenue of 3.468 billion yuan, down 16.93% year-on-year; The net profit of returning to the mother was-175 million yuan, down 186.58% year-on-year.

  The trend of "falling endlessly" still failed to stop in the fourth quarter. The operating income in 2023 is expected to be 4.6 billion yuan to 4.7 billion yuan, down 9.8% to 11.7% year-on-year; It is estimated that the net profit returned to the mother will be a loss of 370 million yuan to 430 million yuan, a year-on-year decrease of 239.1% to 261.7%.

  According to Greebo’s disclosure, the reasons for the decline in performance are similar to those in the first three quarters. Including: due to the destocking of downstream retailers, the company’s operating income decreased by 9.8% ~ 11.7% year-on-year; The decline in operating income and gross profit margin affected the company’s gross profit by 190-210 million yuan; Sales expenses, research and development expenses and management expenses increased by 270-290 million yuan year-on-year; Due to the sharp year-on-year decrease in exchange income, the company’s financial expenses increased by about 130 million yuan in 2023.

  Is the loss reasonable?

  The huge difference before and after listing has made many investors question whether Greebo is "fraudulent".

  Source: screenshot of the stock bar

  First of all, the "destocking" mentioned by Gree Bo in the financial report is indeed the key word of the whole industry of lithium battery OPE in 2023.

  "After two consecutive rounds of restocking, the channel inventory of retailers in Europe and the United States reached a historical high, and the demand side began to cool down under the influence of the Fed’s continuous interest rate hike. Therefore, since 2022Q3, retail began to enter the destocking cycle, and the order placing speed slowed down, which was reflected in the decline in the order growth rate of domestic agents and brands at the upstream production end." Ji Xiangyang, a researcher at China Merchants Household Appliances, said.

  However, knowing that downstream suppliers have gone to their own inventory and there is no high consumer demand, Gree Bo still chooses to spend a lot of sales expenses.

  According to the semi-annual report of 2023, among the sales expenses, all the detailed items of sales expenses of Gree Bo almost doubled. Among them, wages and salaries rose from 75.47 million yuan to 97.49 million yuan, advertising and marketing expenses rose from 109 million yuan to 128 million yuan, and storage expenses rose from 41.68 million yuan to 87.66 million yuan.

  Source: screenshot of annual report

  Although on the record sheet of investor relations activities on September 4, Greebo said that there were three major sales expenses in the first half of the year, namely, personnel salary, marketing and warehousing. With the decline of inventory level, warehousing expenses will decline in the second half of the year.

  However, in the third quarterly report, Greebo’s sales expenses increased by 26.66% year-on-year, due to the increase of sales channels, storage fees and brand building and marketing.

  Unsurprisingly, the money was spent and failed to bring corresponding returns. In 2023, Gree Bo’s revenue, net profit and gross profit margin declined across the board.

  In this regard, Gree Bo still blames the downstream suppliers. "Due to the destocking of downstream retailers, the company’s related investment did not achieve the expected revenue growth. In 2023, the company’s own brand business revenue was basically the same as that in 2022."

  It is worth noting that before listing, Gree Bo’s sales expense ratio was lower than that of its peers, and its gross profit margin was higher than that of its peers, which shows that Gree Bo can obtain higher sales revenue and profits at a lower cost. However, after listing, this advantage of Greebo suddenly disappeared, which increased the sales expenses, but the gross profit margin fell to the average level of peers. From 2019 to 2022, and from January to June in 2023, the comprehensive gross profit margin of Gree Bo was 34.49%, 35.10%, 27.5%, 25.72% and 25.26% respectively.

  Source: Screenshot of Prospectus

  "If a company’s gross profit margin is high, it means that the competitiveness of its products is stronger than that of other companies in the same industry, and the company should have certain negotiating advantages in product sales. It can be inferred that the company’s sales expenses will not account for a high proportion of operating income. If the gross profit margin of the company is much higher than that of the same industry, and its sales expense ratio is also lower than that of the same industry, it is unreasonable; Similarly, if the company’s gross profit margin is much lower than that of the same industry and its sales expense ratio is higher than that of the same industry, it is equally unreasonable. " Ma Jinghao, an expert in finance and taxation, said.

  On March 22nd, 2023, just one month after the listing of Gree Bo, Kelvin Cui, then the company’s chief financial officer, and Ji Zhenghua, the secretary of the board of directors, left their posts. Among them, Kelvin Cui has served as the chief financial officer, director and chief financial officer of Gree Bo since November 2018; Since December 2018, Ji Zhenghua has served as assistant to the chairman of Gree Bo and secretary of the board of directors of Gree Bo.

  As of February 8, 2024, Gree Bo’s share price closed at 11.35 yuan/share, which was 63.21% lower than the issue price (30.85 yuan/share). The total market value has shrunk to 5.553 billion yuan.

  Source: screenshot

  The stock price fell to "knee"

  Can the Master of Returnees "pull back a city" by increasing their holdings?

  According to the Prospectus, Gree Bo was established in 2002, and has been engaged in research and development, design, production and sales of new energy garden machinery since 2007. It is one of the leading enterprises in the global new energy garden machinery industry.

  The company mainly sells its own brands, and its products can be divided into lawn mowers, lawn mowers, cleaning machines, hair dryers, pruning machines, chain saws and intelligent mowing according to their uses., intelligent mounted mowing vehicle, etc. At present, there are brands such as greenworks and POWERWORKS under the company flag (Jin Qilin analyst).

  The actual controller of the company is Chen Yin, the co-founder and chairman, who was born in 1973 and is 51 years old.

  Chen Yin has rich working experience in foreign-funded enterprises. He studied in England and got a master’s degree. After that, he successively served as the product manager of Shanghai Biocy Gas Co., Ltd., a foreign-funded enterprise, and the general manager of Shanghai Star Jack Power Tools Department, a foreign-funded enterprise. Later, he also served as the general manager of the Asia-Pacific procurement center of Fiskars Group in Finland.

  In 2016, Chen Yin, who has a foreign working background, also introduced an external investor from Germany-STIHL to Greebo. STIHL is a manufacturer of garden machinery and a customer of Greebo.

  In 2020, Greebo was changed into a joint-stock company, and on May 21, 2021, it submitted the Prospectus on the Growth Enterprise Market of Shenzhen Stock Exchange. After nearly three years, Greebo went public on February 8, 2023. At that time, it was called "the first share of new energy garden machinery" by the outside world.

  After listing, the performance of Greebo’s share price rose all the way. Its listing price was 30.85 yuan/share, the highest price reached 41.82 yuan/share on the first day of listing, and finally closed at 38.3 yuan/share, with a total market value of 18.62 billion yuan.

  According to the third quarterly report in 2023, Chen Yin holds about 56.32% of the shares in Gree Bo. Based on this calculation, Chen Yin is worth 10.487 billion yuan.

  Who knows, Greebo’s share price peaked when it went public. Only one month later, it "showed its original shape" and then it "sat on the slide" all the way. On March 14th, 2023, Gree Bo’s share price fell below the issue price, and the lowest price on that day was 29.17 yuan/share.

  Chen Yin’s worth has also shrunk. According to the Hurun Report, Chen Yin made his debut in the 2023 Hurun Report with a net worth of 5.5 billion yuan.

  Source: screenshot of Hurun Report

  Galaxy Securities said that the deduction of new shares breaking tide is directly related to the price-earnings ratio of initial public offering. According to the Prospectus, the initial price-earnings ratio of Gree Bo is over 63 times, which is significantly higher than the industry’s price-earnings ratio of 33 times. According to wind data, as of February 7, 2024, the static P/E ratio of Gree Bo was 18.09 times.

  Source: screenshot of straight flush

  Faced with this situation, on February 6, 2024, Gree Bo released an increase plan. According to the announcement, GHHK, the controlling shareholder of the company, or Chen Yin, the chairman of the company, intends to increase the company’s shares within six months. The planned amount of this increase is between 25 million yuan and 50 million yuan.

  However, can Chen Yin, a master of returnees, "stop" the falling stock price by increasing his holdings?

  What do you think of Greebo’s "performance change" in its first year of listing?

Front door ecological farm, back door sewage is discharged directly! Farmhouse becomes a blind spot of pollution supervision

An ecological farm built on the river bank, in the form of quadrangle dwellings, has green grass in the yard, and a sewage pipe is connected from the kitchen behind the yard to the river. Reporter Bai Tiantian photo

  Imagine a family driving to an ecological farm far away from the city on a weekend, experiencing country life and tasting delicious farmhouse food. How do you feel when we leave comfortably, but leave behind the black and smelly wastewater that is directly discharged into farmland and rivers?

  Nowadays, all kinds of farmhouses and ecological farms are blooming everywhere, becoming the hot spots of rural tourism. Half-monthly reporters have recently conducted field investigations in many places and found that many farmhouses have outstanding problems of "front door ecology and back door sewage discharge", and pollution prevention and supervision are lagging behind. Some farms that flaunt "ecology" are not worthy of the name, and the sewage discharge place has become a stinking ditch, and the lampblack discharge place has become a "black land".

  Ecological farms are not necessarily "ecological", and waste water and oil are discharged at will.

  Pastoral scenery, green ecology, native dishes … … This is a "propaganda language" played by many farmhouses and farms. Recently, a semi-monthly reporter walked into an ecological farm built on a river bank in a county in Dongting Lake area. The farm is a courtyard house with more than 10 boxes, green grass in the yard, cool breeze on the terrace near the river and pleasant environment. Walking through the yard to the back of the kitchen, you can see a 4-meter-long, covered with blue colored steel tiles, and some hidden pipes lead directly into the river. The water flowing out of the pipe is obviously dirty.

On a farm around a county town, kitchen sewage and waste were discharged into a small pond for a long time, filled with black or yellow wet and sticky dirt, next to a rice field and an irrigation canal. Reporter Bai Tiantian photo

  In this regard, the farm staff disapprovingly said: "The sewage in the kitchen is discharged like this, and it is washed away as soon as it rises."

  A farm close to a county town, the scene of sewage discharge is even more shocking. When the reporter asked the farm owner for half a month, how to discharge the sewage? The female boss’s answer is: "We discharged into the sewer." But when the reporter went to the back of the kitchen, a bad smell came head-on, and I saw a small pond next to it, full of black or yellow wet and sticky dirt. On one side of the pond, there are paddy fields and an irrigation canal — — It turns out that this is the so-called "sewer".

  In another mountainous town, the annual spring flower viewing season is the tourist peak season, and tourists come here in an endless stream. A farmhouse named "Central Local Restaurant" has a reception capacity of more than 20 tables. Half a month, the reporter saw that the oil pollution, dishwashing water and toilet sewage of this farmhouse lampblack machine all merged into the next canal. The farmhouse is surrounded by farmland, and the early rice is growing green. These blackened wastewater turns into irrigation water and flows into the fields.

  Similar pollution phenomenon is not a case. A person in charge of the environmental protection department said frankly that in the current rural environmental pollution, the wastewater, exhaust gas, lampblack and solid waste from farmhouses and farms are important sources of pollution. "Many farms are directly discharging pollutants in order to maximize their interests."

A farmhouse that focuses on "local dishes", the kitchen waste water is directly discharged into the canal behind the house, forming a black greasy dirt for many years. Reporter Bai Tiantian photo

  Shuguang Environmental Protection is a non-governmental environmental protection public welfare organization in Hunan. This year, they launched a survey on the water pollution in farmhouses. Tan Yongchao, director of water project, said that at present, his team members have visited more than 20 farmhouses on the spot and found that toilet sewage is generally treated by septic tanks, while most kitchen wastewater is "directly discharged".

  In April, Shuguang Environmental Protection conducted a sampling inspection of wastewater samples from the outlet of an ecological farm around Changsha. The test items included suspended solids, chemical oxygen demand, total phosphorus, total nitrogen and ammonia nitrogen. According to the test report, if compared with the pollutant discharge standards of urban sewage treatment plants, many indicators of the samples seriously exceed the standard. For example, the chemical oxygen demand (COD) is 373 mg/L, which is more than seven times that of Grade A standard and three times that of Grade III standard.

  "I pollute but I don’t control it", and environmental protection can only rely on "awareness"?

  During the tourist season or weekends and holidays, some farmhouses and ecological farms are bursting with popularity, and operators earn a lot of money. But when it comes to environmental protection, they often "have nothing to do with themselves and hang high", and the prevention and control of pollution can only rely on "awareness".

  In the interview, farmhouse operators generally showed two typical mentalities. One mentality is that "the law does not blame the public." An eco-farm owner pointed to the pipeline leading directly to the village canal and said without hesitation: "Sewage is directly discharged into the canal without treatment. In rural areas, everyone does this and it has no impact."

  One mentality is "I pollute and the government pays". After a half-month talk, reporters asked a number of operators and found that they generally lacked the concept of "who pollutes, who governs", and thought that pollution control is a matter for the government. The owner of the farm near the county said that it would cost thousands of dollars to remove waste water and waste oil once, which was not cost-effective, and should be paid by the government. Before the village dredged the canal, she didn’t clean the sewage pond of her farm by the way, and she still complained about it.

In a village famous for enjoying flowers in spring, the oil pollution, dishwashing water and toilet sewage of a farmhouse lampblack machine in rice fields are "three in one", and the blackened wastewater is directly discharged into the irrigation canal. Reporter Bai Tiantian photo

  On the other hand, some places lack restraint and supervision on the pollution of farmhouse music. A person in charge of the local environmental protection bureau said that in the past, rural environmental improvement focused on "visible garbage" and carried out cleaning projects for villages, schools and roads, but not enough attention was paid to the "root cause" of air, water and soil pollution. According to the regulations, environmental impact assessment should be carried out in the construction of ecological farms, but the local area is basically blank.

  In 2017, the Environmental Protection Bureau of Linyi County, Hunan Province investigated an ecological farm project and found that it was built without going through the EIA approval procedures, put into operation without supporting pollution control facilities, and made administrative penalties. However, similar cases are rare. Most of the farm operators interviewed by reporters in half a month said that they did not conduct environmental assessment, and the inspection of environmental sanitation rarely involved smoke exhaust, drainage and exhaust.

  Relatively speaking, star farms have done a good job in environmental protection. In a five-star farm with an area of more than 80 mu and an investment of tens of millions, facilities such as sewage purification tanks and fume purifiers are readily available, designed and installed by professional environmental protection companies. The owner of the farm said that the star rating has clear environmental protection requirements, so they conducted an environmental assessment and built pollution control facilities.

A five-star farm has done a good job in environmental protection, and built facilities such as sewage purification pond and lampblack purifier. Reporter Bai Tiantian photo

  Farmhouse "blooms more", and environmental protection should also "keep up step by step"

  With the rise of rural tourism and global tourism, farmhouses and ecological farms are showing the trend of "multi-point flowering". The reporter learned from the semi-monthly talk that in recent years, in key areas such as urban suburbs, reservoir wetlands and scenic spots, farmhouse music is gradually being brought into the scope of supervision and rectification, and environmental pollution problems have begun to spread to some remote counties and townships and emerging rural tourist spots.

  Liu Shuai, director of the Supervision Department of the Environmental Protection Committee of Hunan Provincial People’s Congress, said that at present, pollution prevention and control of farmhouse music is well done in developed areas such as the Yangtze River Delta and around big cities, but it is still weak in many other places, which should be further paid attention to and strengthened management.

  Liu Shuai believes that it is necessary to explore rural pollution control modes according to local conditions, such as building "upgraded versions" of constructed wetlands and septic tanks in villages with scattered populations. In the construction and operation of farmhouse music, the environmental impact assessment system should be implemented at the front end, and the departments of agriculture and tourism should be combined at the end to strengthen environmental law enforcement.

  Wang Gaoliang, deputy director of the Environmental Protection Bureau of Hengyang County, said that this year, the local environmental protection department will focus on rural environmental improvement, requiring farmhouses to standardize the installation of lampblack and sewage treatment facilities, and promote the construction of four sewage purification ponds and "constructed wetlands+oxidation ponds" suitable for rural areas. The basic requirement is that they cannot be discharged directly. If the farmhouse fails to meet the environmental protection requirements, a rectification letter will be issued and penalties will be imposed.

  Liu Hongli, Director-General of Shuguang Environmental Protection, suggested that the principle of "whoever pollutes should treat" should be adhered to for farmhouses and ecological farms. At the same time, the government can also introduce guiding measures, like remediation of aquaculture pollution, and give certain subsidies to the construction of pollution control facilities according to the scale of farmhouses, starting with newly-built farmhouses and star-rated farms, and then gradually solving the problem of stock pollution. (Talk to reporter Bai Tiantian for half a month)

Focus interview: China’s bright economic start series measures to ensure the recovery momentum of consumption

  Cctv news(Focus Interview): In a few days, the two sessions of the National People’s Congress will open. What achievements we have made in the past year and what new arrangements will be made in the future are of general concern to the society. The Spring Festival just passed in Jiachen was full of popularity and consumption. China’s economy can be said to be a bright start, which greatly increased people’s confidence. But the road of economic recovery is not easy for us. How to expand domestic demand, especially to make consumption better stimulate economic growth? While restoring the economy, how to better promote high-quality development in various fields? Over the past year or so, China has issued a series of powerful and effective policies. From February 29th, Focus Interview will launch a series of programs — — Accurate policy has achieved results. First of all, let’s pay attention to promoting consumption and grasping innovation. What is the effect?

  The Year of the Loong Spring Festival, the consumer market ushered in a "good start".

  Watch folk performances, enjoy lanterns and visit temple fairs … … A dazzling array of festival activities ignited people’s enthusiasm. If we use one word to describe the consumer market, I’m afraid the most suitable one is — — Fire!

  Holiday consumption is an important window to observe the consumption trend. During the 8-day Spring Festival holiday, there were 474 million domestic tourist trips, up by 34.3% year-on-year. The total spending of domestic tourists increased by 47.3% year-on-year, and the box office of Spring Festival movies also reached a new high, reaching 8.016 billion yuan.

  Dong Wei, Executive Vice President of Tsinghua University China Institute of Development Planning:"The consumption of this year’s Spring Festival holiday is hotter than expected, combining the traditional custom of going home for the New Year with travel consumption. The popularity of consumption during the Spring Festival also shows that on the one hand, China people are willing to spend; On the other hand, we can also provide support for various consumption scenarios. "

  Behind the fiery holiday consumption is people’s longing for a better life, and it also hides huge consumption potential. However, the process of stimulating this potential in the post-epidemic era is not smooth sailing. At the end of last year, the Central Economic Work Conference pointed out that it is necessary to overcome some difficulties and challenges to further promote the economic recovery, mainly due to insufficient effective demand, overcapacity in some industries, weak social expectations, still many hidden risks, blockage in the domestic macro-cycle, and rising complexity, severity and uncertainty of the external environment.

  Wei Zhang, Vice President of Research Institute of Ministry of Commerce:"The expected weakening of residents’ income will relatively lead to consumer demand or weakening consumer confidence; On the other hand, while consumers pursue more diversified and personalized consumption, consumption tends to be more rational. "

  How to better expand domestic demand in the first year? The CPC Central Committee has made a series of decisions and arrangements, giving priority to restoring and expanding consumption. In 2023, the "Several Measures on Promoting Household Consumption" jointly issued by many departments, as well as measures to promote mass consumption of electronic products and automobiles, were introduced one after another. The financial sector introduced policies to help promote consumption, and the Ministry of Commerce also organized a series of activities to boost consumption, and tried every means to innovate products and services.

  Wei Zhang:"Innovation is divided into many aspects, whether it is marketing innovation of operators, product innovation of producers, service innovation of service providers, etc., including scene innovation as a consumer carrier, all innovations are the most effective ways to stimulate consumption potential."

  Last year, the National Development and Reform Commission issued the "Measures for Restoring and Expanding Consumption", also known as the "20 Articles" for promoting consumption, which proposed to lead and create new market demand with high-quality supply.

  In the past few years, the cluster consumption of tourism and catering was the most affected, but it was also the most obvious recovery after the epidemic subsided. Since last year, in order to boost tourism consumption, all policies have focused on a "new" word. For example, create new scenes and create new experiences.

  In this scenic spot in Xi ‘an, visitors can take the stage to interact with actors and take part in answering questions.

  In this immersive tourist scene, tourists can not only wear tang style costumes to punch in and take photos, but also participate in a Tang drama, which is no longer just a spectator.

  In 2023, all localities will continue to promote the deep integration of sports, music, special food and tourism, create new consumption hotspots, and make new progress in expanding digital consumption mentioned in the "20 Articles" on promoting consumption. The continuous maturity of new technologies is constantly giving birth to new formats and new products. During the Spring Festival in the Year of the Loong, the 3D UAV performance has become the "new favorite" of many scenic spots, and this performance is based on modern technology. Every UAV has to receive satellite positioning information accurate to nanoseconds, which requires powerful computing power.

  Among the "20 Articles" to promote consumption, four are specifically aimed at expanding service consumption, including expanding catering service consumption and improving health service consumption. With the continuous upgrading of people’s consumer demand and the effective implementation of the consumption promotion policy, in 2023, China’s service retail sales increased by 20% year-on-year, 14.2 percentage points faster than the retail sales of goods, showing outstanding performance. In the future, service consumption still has a lot of room for growth.

  Wei Zhang:"In terms of consumption itself, the increment lies in two ‘ New ’ In fact, it is either innovation from nothing to something. In fact, there is a shortage of service consumption from the original service consumption. With the development of economy and society, many new service consumption demands have emerged, which is part of the increase. There are still some increments, but the supply level can’t meet the growth of consumer demand well. The improvement of service supply capacity and level will also increase new service consumption demand. "

  How to expand domestic demand in 2024? At the end of last year, the Central Economic Work Conference proposed to stimulate potential consumption, expand effective investment, and form a virtuous circle in which consumption and investment promote each other.

  Dong Wei:"Through good investment, we will continue to lead and create new consumption hotspots. At the same time, through the driving role of consumption, we will also point out the direction for investment and make investment develop in a more rewarding direction. By constantly finding the combination between consumption and investment, we will promote the cycle between these two tasks and promote domestic demand to a new level as a whole. "

  In January this year, the Ministry of Commerce and others jointly issued the Notice on Improving the Recycling System of Renewable Resources such as Waste Household Appliances and Furniture to further release the consumption potential of household appliances and furniture, and various localities and departments have also introduced a series of measures to further stimulate consumption vitality.

  While promoting the recovery of consumption and investment and stabilizing economic growth, it is also an important direction for China’s high-quality economic development since 2023 to promote industrial innovation with scientific and technological innovation, especially to promote new industries, new models and new kinetic energy with subversive technologies and cutting-edge technologies.

  During the Spring Festival this year, the highly anticipated C919 domestic large aircraft served Spring Festival travel rush for the first time.

  C919 is the first jet trunk airliner with independent intellectual property rights developed by China according to the internationally accepted airworthiness standards. After years of research and development, on May 28th last year, C919 successfully completed the first commercial flight, and Chinese finally realized his "big plane dream", which also became an important achievement of China’s innovation-driven strategy.

  However, at present, there are still some shortcomings in China’s scientific and technological innovation. In the future, if we want to stay behind in the new track of international competition and strive to achieve and run or even lead, we must firmly grasp the "bull nose" of independent innovation. In 2023, General Secretary of the Supreme Leader first put forward the concept of "new quality productivity", which pointed out the direction for us to cultivate new kinetic energy and shape new advantages.

  Dong Wei:"In the past, for an enterprise, building a factory building, land, workshops, equipment, etc., these inputs accounted for the bulk of the investment, which means that production mainly relied on traditional factor inputs. What is more important for the new quality productivity? It relies on innovation. By playing a greater role in development through innovative elements, economic benefits and efficiency can actually be improved faster. "

  Scientific and technological innovation is the key to develop new quality productive forces. In 2023, China established the Central Science and Technology Commission, re-established the Ministry of Science and Technology, deepened the reform of the science and technology system, and accelerated the realization of high-level science and technology self-reliance. In this year, China’s investment in high-tech industries increased by 10.3%, 7.3 percentage points faster than the total investment, which provided solid support for the development of new kinetic energy. According to the report released by the World Intellectual Property Organization, in 2023, China’s ranking in the global innovation index rose to 12th, and the number of the top 100 scientific and technological innovation clusters in the world jumped to the first place in the world for the first time.

  Dong Wei:"By setting up new institutions, increasing investment in basic research, and accelerating the reform of the system and mechanism of scientific and technological innovation, we can see that in the past year, the importance attached to innovation in different fields has been continuously improved, and the channel for opening up scientific and technological achievements to industry has also been smoother. All these make innovation and industry more closely integrated, and the capital chain, industrial chain and innovation chain will be more closely integrated, which will play a very important supporting role in the cultivation and growth of new quality productivity. "

  In 2023, China established the National Data Bureau, and the digital economy became an important engine to promote the high-quality development of China’s economy. By the end of 2023, China had built 3.377 million 5G base stations. Digital infrastructure construction represented by 5G, industrial Internet and data center has developed rapidly.

  This year, China’s 5.5G network is expected to achieve large-scale commercialization, new progress has been made in humanoid robots and quantum technology, and generative artificial intelligence has been iteratively upgraded. Actively cultivating such future industries is also an important part of new quality productivity.

  This year, seven departments, including the Ministry of Industry and Information Technology, jointly issued the "Implementation Opinions on Promoting Future Industrial Innovation and Development", proposing to focus on promoting industrial development in six major directions, including future manufacturing and future information. When deploying this year’s work, all localities and departments have also placed an important position on accelerating the cultivation of new industries and developing new quality productivity.

  Dong Wei:"We should take the development direction of these future industries as an important breakthrough to lead the development of new quality productive forces, and concentrate resources and all aspects of strength on supporting the development and growth of these future industries, so as to urge them to form a scale as soon as possible. It is necessary to cultivate new tracks like the cultivation of new energy vehicles in the past, and cultivate more new pillar industries of the national economy, so that China’s economy can truly occupy the commanding heights and truly realize the goals and tasks of Chinese modernization. "

  Since 2023, China’s economy has been climbing over the hill, and we have been insisting on promoting high-quality development: from comprehensively promoting rural revitalization to promoting coordinated regional development, from actively promoting high-level opening up to better overall development and security, from comprehensively deepening reform to ensuring people’s happiness and well-being, with clear goals and full determination. On the new journey, facing the challenges on the way forward and promoting Chinese modernization with high-quality development, we are confident to win the initiative and win the future.

Experts’ Interpretation: Working with the international community to control the environmental problems of new pollutants

  New pollutants endanger the ecological environment and human health, which is one of the global environmental problems. The CPC Central Committee and the State Council attached great importance to the treatment of new pollutants. Recently, the General Office of the State Council issued the Action Plan for the Treatment of New Pollutants (Guo Ban Fa [2022] No.15, referred to as the Action Plan), which pointed out the direction for the treatment of new pollutants in the future. The Action Plan embodies China’s idea of actively participating in global environmental governance, which is of great significance for building a beautiful China and building a community of life on earth.

  First, new pollutants are a common challenge facing the world.
  The environmental risk of new pollutants is an environmental problem faced by all countries in the world. The new pollutants mainly come from synthetic chemicals. DDT revealed by Silent Spring is one of the chemicals with typical new pollutant characteristics, and its harm spans half a century and involves every corner of the world. In order to protect the ecological environment and human health, developed countries such as Europe, America and Japan have been legislating to control the environmental risks of toxic and harmful chemicals since the 1970s. In 1992, Agenda 21 of Rio Conference on Environment and Development in Brazil defined the plan to reduce the global environmental risks related to chemicals, and then the world gradually took action and controlled some new pollutants with long-distance migration that may cause environmental and health hazards to the world. Among the 17 sustainable development goals for 2030 reached by the United Nations in 2015, Goals 3, 6 and 12 all involve the treatment of new pollutants, such as drastically reducing the number of deaths and illnesses caused by toxic and harmful chemicals and air, water and soil pollution by 2030.
  The treatment of some new pollutants needs global action. Besides being persistent, bioaccumulative, carcinogenic and teratogenic, some new pollutants also have the potential of long-distance migration, which can migrate across international boundaries with air, water or migratory species and be deposited in areas far away from their discharge points, causing worldwide environmental pollution problems. The treatment of such new pollutants requires global joint action. Therefore, the international community adopted the Stockholm Convention on Persistent Organic Pollutants in 2001. At present, there are 30 categories of persistent organic pollutants controlled by Stockholm Convention. Through global action, more than ten kinds of production and use have been eliminated all over the world.
  Second, controlling new pollutants will be a long-term task.
  New pollutants cover a wide range and are closely related to economic development and production and life. China is a big producer and exporter of chemicals. According to UNEP’s Global Chemicals Outlook, China’s chemical sales accounted for 37.2% of the world’s total in 2017, and it is expected to reach 50% of the world’s total in 2030. China is the main producer of chemicals newly listed in Stockholm Convention and under evaluation, such as short-chain chlorinated paraffin, decabromodiphenyl ether, DechloranePlus, chlorpyrifos and ultraviolet absorber (UV-328). These chemicals are consumed and used in many industries, and some chemicals are closely related to necessities such as agricultural production, daily necessities, semiconductors, aerospace products, etc. For example, the annual production scale of short-chain chlorinated paraffins can reach millions of tons, and chlorpyrifos is related to agricultural production and food security. However, it is difficult to develop their substitutes, and there may be conflicts in availability, performance, cost, environment and safety, so it is difficult to achieve perfection, which brings great challenges to the control of new pollutants in the future.
  One of the greater challenges to control new pollutants is to identify, evaluate and control the chemicals being produced and used. Both the Toxic Substances Control Act of the United States and the Regulation of Registration, Evaluation, Licensing and Restriction of Chemicals of the European Union have been faced with huge data and research and evaluation needs since their implementation, and have not fully achieved the control objectives of the original design regulations on new pollutants. At the level of international conventions, the Stockholm Convention only added 18 categories of persistent organic pollutants in 17 years. China is one of the countries with the richest types of chemicals. The existing chemical list includes more than 40,000 kinds, and nearly 100 new chemicals are listed every year. Limited research information shows that according to the screening criteria of Stockholm Convention, there are more than 100 chemicals in the above list that meet the screening criteria of persistence and bioaccumulation at the same time, and these hundreds of chemicals are potential new pollutants that need to be controlled. Although the contribution of China’s research results has been increasing in the process of adding new controlled substances to the Stockholm Convention, China still needs to carry out a large number of data surveys, environmental monitoring, environmental risk assessment and control in the future, and increase the pace of controlling the environmental risks of new pollutants.
  To sum up, new pollutants involve substitution and emission reduction, large industrial scale and long industrial chain, and are closely related to industrial and agricultural production and life. Protecting the ecological environment and human health and balancing the needs of economic development is an important basis for formulating and implementing new pollutant control programs. The identification and assessment of new pollutants that potentially need to be controlled depends on data investigation, a large number of scientific research results, environmental risk assessment and socio-economic impact assessment of control. The task of controlling new pollutants requires all-round coordinated promotion, which is extremely arduous.
  Third, work with the international community to prevent environmental risks of new pollutants.
  As early as 2001, China and the international community jointly promoted the formulation of the Stockholm Convention, and started cooperation with the international community to jointly control new pollutants. In the past twenty years, China has eliminated the production, use and discharge of a large number of new pollutants, protecting the global ecological environment and human health. During the same period, the national economy grew rapidly, and the share of chemicals produced increased from about 5% in the world to 37.2% in 2017, making it one of the countries with the largest chemical production and the most varieties, and people’s lives have been improved. At the same time, China is also facing new challenges and pressures. With the progress of scientific cognition and the demand for higher quality of life, some chemicals that we used to think were harmless are gradually considered unsuitable for further production and use. By implementing the Action Plan, China will work with the international community to prevent the environmental risks of new pollutants.
  First, learn from the existing international convention mechanism and implement the control of new pollutants in accordance with international law. While perfecting China’s laws and regulations, establishing and perfecting the new pollutant control system, we should use the mechanism of international conventions to identify, evaluate and control the environmental risks of chemicals together with the international community, which will not only realize the control of new pollutants in China, but also promote the action of new pollutant control on a global scale, promote the green development of the global chemical industry and realize global environmental governance.
  The second is to increase the scientific and technological investment of the state and enterprises in the treatment of new pollutants, scientific decision-making, and precise control. Fully understanding the decision-making information such as scientific research is the foundation of controlling new pollutants, continuously increasing the scientific and technological investment of the state and enterprises in controlling new pollutants, mastering the source, fate, harm and control technology of potential new pollutants, making scientific decisions, and realizing accurate and effective control.
  The third is to make use of international scientific research and management experience, evaluate and screen out key new pollutants as soon as possible, and establish a mechanism to implement control. Actively carry out international cooperation, and make full use of global forces, especially scientific research and management experience, to promote and accelerate the screening of new pollutants and environmental risk management and control in China, in view of some potential new pollutants that may not meet the global migration attributes, in the case of insufficient research information in China. At the same time, learn from the financial mechanism of international conventions, and establish international, national, local and enterprise financial mechanisms to control new pollutants.
  Fourth, we will continue to help other developing countries strengthen their ability to control new pollutants, spread China’s knowledge and China’s experience, and prevent the transfer of new pollutants. As a developing country, China’s experience in the discovery, research and management of new pollutants may be suitable for other developing countries. China can continue to provide technical training and capacity building for developing countries, help other developing countries to prevent the transfer of new pollutants as products or wastes, and contribute China’s strength to building a life community on Earth.
  The new pollution control action reflects the historical responsibility of the CPC Central Committee to participate in, contribute to and lead global environmental governance, and will continue to contribute China’s plan, China’s wisdom and China’s strength to global environmental governance. The new pollution control action is also the need to build a beautiful China and maintain sustainable green chemistry and economic growth in China. Building a new pollution control system in China and protecting the earth’s homeland will help to realize the global pursuit of high-quality life, achieve the goal of sustainable development in 2030, realize the harmonious coexistence between man and nature, and build a community of life on earth.
  Author: Hu Jianxin (Professor, Peking University Institute of Environmental Science and Engineering)

During the epidemic season, it is recommended to actively vaccinate Covid-19 vaccine.

At present, it is the season of high incidence of respiratory diseases, and a variety of respiratory diseases are intertwined. A few days ago, National Health Commission held a press conference, calling on the masses to be active, proactive and vaccinated as soon as possible. On December 15th, the reporter interviewed experts from the Provincial Center for Disease Control and Prevention, and made an exclusive interview on vaccination related issues in Covid-19.

According to the experts of disease control, at present, the spread of Covid-19 among people still exists, and the whole country is in a sporadic state, and Covid-19 XBB mutant has become the main epidemic strain in China. A few days ago, in the "Work Plan for Vaccination of Covid-19 for Key Populations in the Near Future" issued by the Comprehensive Group of the State Council Joint Prevention and Control Mechanism, it was suggested that key populations such as the elderly should be vaccinated with Covid-19 vaccine according to conditions, and the vaccine containing XBB mutant antigen was recommended first. People who meet the following two conditions can be vaccinated:

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Si Yuan, deputy director of the Institute of Immunization Planning of the Provincial Center for Disease Control and Prevention, said: "First, the elderly aged 60 and above or the people aged 18 to 59 with serious basic diseases, people with low immune function and people with high risk of infection. Second, the basic immunization has been completed or Covid-19 has been infected. The preventive effect of vaccine can be divided into several levels, such as preventing infection, preventing illness, preventing severe illness and preventing death. At present, the effect of Covid-19 vaccine in preventing severe illness and death is very significant, which is also the main reason why vaccination is being promoted all over the world. "

At present, it has been nearly a year since the last round of large-scale Covid-19 infection in most people. The antibody level produced after infection or vaccination gradually decreases with time. At the same time, because of the immune escape caused by virus mutation, the risk of serious illness and death is high for high-risk groups such as the elderly and those with serious basic diseases. Therefore, it is suggested to reduce the disease harm through vaccination. In addition, the interval between vaccination in Covid-19 and other vaccinations is at least 14 days.

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"Combined with the World Health Organization’s (WHO) recommendation on simultaneous vaccination of Covid-19 vaccine and influenza vaccine, according to China’s technical guidelines for influenza vaccine vaccination, people aged 18 and above can be vaccinated with inactivated influenza and Covid-19 vaccine at different parts at the same time. With regard to vaccination fees, the vaccination of Covid-19, a key population, is still carried out in accordance with the previous regulations, and the policy of free vaccination for residents and willingness to take it up is implemented. Influenza vaccine is a non-immunization program vaccine, and residents’ vaccination follows a voluntary and self-funded policy. "

(Contributed by: Shaanxi Guangdian Rong Media Group Starting Point News)

Does the Foreign Sanctions Law have an impact on foreign investment? Ministry of Foreign Affairs responded

  On June 11th, Foreign Ministry Spokesperson Wang Wenbin held a regular press conference. A reporter asked whether the spokesman was worried about the negative impact on foreign investment after the passage of the Foreign Sanctions Law.

  Wang Wenbin said that the Legal Affairs Committee of the National People’s Congress Standing Committee (NPCSC), China has introduced the relevant situation. Around the two sessions this year, some NPC deputies, Chinese People’s Political Consultative Conference members and people from all walks of life put forward opinions and suggestions that it is necessary for the state to formulate a special anti-foreign sanctions law to provide strong legal support and guarantee for China to counter foreign discriminatory measures according to law. According to the relevant work arrangement, the the National People’s Congress Standing Committee (NPCSC) Law Committee carefully studied the legislative suggestions put forward by various parties, summarized the counter-measures practice and related work practices in China, sorted out the relevant situation at home and abroad, solicited the opinions of relevant departments and experts of the central and state, and drafted and formed the draft of the anti-foreign sanctions law. According to the legislative procedure, China the National People’s Congress Standing Committee (NPCSC) deliberated the draft twice in April and June, respectively. The Law Working Committee solicited the opinions of the central and relevant state organs on the draft, and the Constitution and Law Committee of the National People’s Congress revised and improved the draft according to the deliberation opinions of the Standing Committee and opinions from all sides. At present, the Anti-Foreign Sanctions Law has fully absorbed opinions from all sides, reflected the common wishes of the people of China, and conformed to the basic norms of international law and international relations.

  Wang Wenbin pointed out that regarding the influence of the Anti-Foreign Sanctions Law on foreign investment, I don’t see an inevitable connection between the two. If there is, it is the enactment of the Foreign Sanctions Law, which provides a predictable legal environment and a stable and predictable business environment for enterprises from all countries to develop in China. At the 29th meeting of the 13th the National People’s Congress Standing Committee (NPCSC), the Hainan Free Trade Port Law and the Decision on Authorizing the Shanghai Municipal People’s Congress and its Standing Committee to Formulate Laws and Regulations of Pudong New Area were also passed, which are new measures for China to deepen reform and open wider to the outside world.

  Wang Wenbin emphasized that China has always welcomed and supported foreign enterprises to conduct business and cooperation in China and protect their rights and interests according to law. China will only open wider to the outside world, and we will continue to strive to create a better business environment for foreign enterprises and share China’s development opportunities with the world. (CCTV reporter Huang Huixin Kong Luyuan)

Data News: "Bawei" or the strongest typhoon landing in Northeast China in history?

  China Meteorological News reporter Su Jessie Wang Meili

  Expert Consultant: Zhou Guanbo, Senior Engineer of Central Meteorological Observatory

  This year’s No.8 typhoon "Bawei" was generated in the sea east of Taiwan Province at 8: 00 on August 22nd, and then it will land in the coastal areas from eastern Liaoning to western Korea on the morning of August 27th (typhoon level, 12-13, 33-38m/s). If it lands in Liaoning, "Bawei" may become the strongest typhoon that landed in Liaoning since 1949.

  Is it rare for a typhoon to land in Northeast China? What are the characteristics? Let’s find out from the typhoon big data since 1949.

  There has been no typhoon landing in Northeast China in recent 15 years.

  Among the typhoons (including tropical depression) that landed in China from 1949 to 2020, 13 landed in Northeast China, but no typhoon landed in Northeast China in the past 15 years since 2005.

  Of the 13 typhoons that landed in Northeast China, all landed in Liaoning. This is because only Liaoning has a coastline, and its geographical location directly determines that it is the most windy province among the three northeastern provinces.

  A typhoon that has landed in the northeast since 1949. Zhao Miao cartography

  Typhoons in the north are not uncommon, and most of them are "second-hand"

  In the 70 years since 1949, only one typhoon "Helen" landed in Northeast China with the intensity above tropical storm, and the other three landed in the form of tropical depression. "Helen" landed in zhuanghe city, Dalian, Liaoning Province on August 4, 1964. The maximum wind force in the center was 9, and the wind speed reached 23 meters per second.

  Because the typhoons going northward are mostly "second-hand" or "third-hand", in terms of intensity, they have basically exhausted their energy when they go northward, so the intensity of landing is generally at the tropical storm level, and some can reach the strong tropical storm level.

  Judging from the landing time, typhoons heading north are mostly concentrated in late July and August. This is mainly because the subtropical high is located in the south from June to July, and the typhoon path generated at this time is mostly westward; In August, the subtropical high moved northward, which was beneficial for the typhoon to move northward along the west side of the subtropical high after its formation, thus affecting the northeast region; After September, the subtropical high began to retreat to the south, and the probability of typhoon going north would be much reduced.

  Where did the typhoons go in August?Zhao Miao cartography

  A typhoon that does not land in the northeast can also "beat cattle" across the mountain.

  In addition to the typhoons that landed in Northeast China, there are also some typhoons that have brought great wind and rain impacts to Northeast China.

  In 2012, Typhoon No.15 "Blavin" moved mainly in the northwest in the early stage, and then moved mainly in the north direction after entering the northern part of the East China Sea. After landing in Korea, it entered Jilin and Heilongjiang in China on August 29th. On the way to the north, it was combined with cold air. From August 27 to 29, the rainfall in central Heilongjiang, central Jilin, central and eastern Liaoning and eastern Shandong Peninsula was 100 to 150 mm. Strong winds of magnitude 7 ~ 9 have also appeared in inland areas such as central and eastern Liaoning, central Jilin and central and eastern Heilongjiang.

Track Map of Typhoon Blavin No.15 in 2012

  On the afternoon of September 7, 2019, after the No.13 typhoon "Lingling" landed in North Korea as a typhoon, it moved into Jilin at 2100 hours as a tropical storm, and then quickly moved north. From September 6th to 8th, due to the influence of Lingling, heavy rain and local heavy rain occurred in the central and eastern parts of Northeast China. The local area of Lanxi, Heilongjiang Province was 233 mm, and the daily rainfall of 26 stations in Heilongjiang, Jilin and Liaoning exceeded the historical extreme in September since the establishment of the station. There are 7 ~ 9 gusts in Shandong Peninsula, northern Liaoning and Liaodong Peninsula, central and eastern Jilin and central and eastern Heilongjiang, and 10 ~ 13 gusts in northeastern Jilin and southeastern Heilongjiang.

Route Map of Typhoon Lingling No.13 in 2019

  In addition, Typhoon Winnie No.11 in 1997, Typhoon Lion Mountain No.10 in 2016 and Typhoon Wambia No.18 in 2018 also brought great influence to Northeast China.

  Typhoon heading north is easy to combine with cold air to cause heavy precipitation.

  Typhoon northward has obvious characteristics:

  First of all, as the typhoon moves northward, it may combine with cold air on the way northward, and the intersection of cold and warm air will cause heavy precipitation.

  Secondly, the northbound typhoon may go through a process of "degeneration". The "denaturation" mentioned here refers to changing the nature, and some northbound typhoons will change from tropical cyclones to temperate cyclones. During the northward movement of typhoon, it was influenced by cold air and the decrease of sea surface water temperature, and its central temperature field was no longer a warm core structure, and its low-pressure center changed from vertical to inclined with the height change, so its nature has changed, and the warm and humid air brought by tropical cyclone itself changed into precipitation produced by combining with cold air.

  Thirdly, due to the long coastline in the east of China, the path of some typhoons going northward is along the offshore of China, which may have an impact on the eastern coastal areas of China. Compared with typhoons landing in South China, more provinces will be affected.

  Because there is relatively little experience in typhoon prevention in the northern region, the public should take safety defense measures, pay attention to forecast and early warning information in time, and be prepared for strong winds and heavy rainfall. Coastal areas should pay attention to the impact of storm surge. Liaoning and other places are alert to the occurrence of secondary disasters, and the meteorological risk of floods in small and medium-sized rivers in the lower reaches of Liaohe River and Yalu River tributaries is high. In addition, strong winds may also cause crops to lodging and damage agricultural greenhouses, which will have a certain impact on agriculture and need to be prevented in advance.

(Editor: Su Yujun)

Contribute more China wisdom to the progress of human political civilization (the international community sees Chinese modernization)

  Democracy is the common value of all mankind and an important concept that the people of the Communist Party of China (CPC) and China have always adhered to. Report to the 20th CPC National Congress, the Communist Party of China, regards the development of whole-process people’s democracy as one of the essential requirements of Chinese modernization, profoundly revealing the great significance of developing whole-process people’s democracy in the new journey of building a socialist modernized country in an all-round way. Chinese modernization contains a brand-new concept of democracy, which enriches the theory and practice of realizing democratic values and makes important contributions to promoting the progress of human political civilization.

  The whole process of people’s democracy is the most extensive democracy.

  Democracy is a political form formed by human society after thousands of years of exploration, which has played an important role in the process of human development. Democracy is historical, concrete and developing, and there is no one form of democracy in the world. The key to judging a form of democracy depends on whether it adapts to its own history and culture, conforms to its actual national conditions, can bring about political stability, social progress and improvement of people’s livelihood, can win the support and support of the people, and can make contributions to the cause of human progress.

  In November 2019, General Secretary of the Supreme Leader put forward the important exposition that "people’s democracy is a whole-process democracy" for the first time during his inspection tour in Shanghai, which profoundly expounded the characteristics and advantages of China’s socialist democracy. At the celebration of the centenary of the founding of the Communist Party of China (CPC), General Secretary of the Supreme Leader further emphasized that "people-centered development thought should be practiced to develop people’s democracy in the whole process". The historical resolution adopted by the Sixth Plenary Session of the 19th CPC Central Committee included "developing people’s democracy in the whole process" as the important content of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era in the "Ten Clarities". Report to the 20th CPC National Congress, the Communist Party of China, explicitly wrote "developing people’s democracy in the whole process" into the essential requirement of Chinese modernization, and further proposed that "the people’s democracy in the whole process will be more perfect" by 2035. During the two sessions of the National People’s Congress in China this year, "upholding and developing people’s democracy in the whole process" was written into the Legislative Law of People’s Republic of China (PRC).

  Erik Bigon, editor of Kenya Broadcasting Corporation, noted that among the delegates of the National People’s Congress in China, there are workers from various industries, such as couriers, farmers, teachers, doctors and journalists. "In many other countries, it is difficult for people in some industries to get similar opportunities.".

  Mahmoud hassan Khan, director of the Center for South Asian and International Studies in Islamabad, Pakistan, believes that at the National People’s Congress in China, the deputies reflected the opinions and suggestions of people from all walks of life in various fields, vividly demonstrating the connotation of people’s democracy in the whole process.

  Harold, Zimbabwean Permanent Representative in Geneva, believes that the Greek word "democracy" originally means "people’s power", and "China’s democratic practice is closer to the original spirit and connotation of this concept".

  True democracy, good democracy, to make the people the masters of the country, the people not only have the right to vote and vote, but also have the right to participate extensively; Not only can you express your wishes, but you can also achieve them effectively; Not only promote national development, but also share the fruits of development. In the whole process, people’s democracy truly adheres to the people’s dominant position, and everything is for the people and everything depends on the people.

  At the National People’s Congress in China in 2021, Zhou Yizhe, a representative who has been a forestry worker for decades, put forward some suggestions such as appropriately increasing the proportion of cost subsidies for the pilot construction of universal telecommunications service in forest areas. Nowadays, the coverage rate of public network communication in key state-owned forest areas in Daxing ‘anling has increased from 10% to 50%, and forestry workers basically don’t have to "run all over the mountain to search for a network signal".

  Robert kuhn, chairman of the American Kuhn Foundation, commented that Chinese-style democracy is not a castle in the air, but includes various feedback and interaction mechanisms, especially people’s congresses at all levels, whose main goal is to ensure a good life for all people. Tan Zheli, a senior researcher at the Mbeki Institute of African Leadership of the University of South Africa, believes that the whole process of people’s democracy in China "aims at serving the fundamental interests of the overwhelming majority of the people and bringing tangible benefits to the people".

  Yi Si, chairman of the Royal Institute of East-West Strategy, was a special member of the Changchun CPPCC and a consultant of the Shanghai CPPCC. He personally participated in the practice of Chinese-style democracy and is currently writing a book on democracy in China. He learned that CPPCC members come from all walks of life, and most of the proposals are "very practical and grounded." In his view, "the Communist Party of China (CPC) attaches importance to the differences in conditions, customs and practices between the eastern and western parts of China and between urban and rural areas, and has made great efforts in balancing representation. Democracy in China is worth learning from. "

  Martinez, a British social activist, believes that in China’s democratic system, people enjoy democratic rights at all social levels, not just during the election period. The elected deputies can hear the opinions, needs and expectations of the broad masses. "After the COVID-19 epidemic, China has made prevention and control of the epidemic, protection of the health and safety of the general public, and protection of people’s lives a priority. This is people’s democracy, and this is socialist democracy."

  The whole process of people’s democracy is the most real democracy.

  From "small courtyard chamber" to "house forum", from offline "round table" to online "discussion group", from NPC deputies insisting on asking for the needs of the people and asking for the people, to CPPCC members participating in grassroots consultations to solve urgent problems … … Complete institutional procedures and participation in practice make the whole process of people’s democracy change from value concept to institutional form, governance mechanism and people’s lifestyle rooted in China. China develops people’s democracy in the whole process based on its national conditions, which not only has distinctive China characteristics, but also reflects the common pursuit of democracy by all mankind. It not only promoted the development of our country and national rejuvenation, but also enriched the form of human political civilization.

  "China’s unique road to modernization and development shows that every country and its people have their own unique insights, strength and imagination, and can explore and use their own history and reality to establish a system and promote the national development process." Charles Onunaiju, director of the China Research Center in Nigeria, said in an article published in Nigeria’s Blueprint.

  Yu Deshuo, deputy mayor of Bath, England, who has conducted extensive research in rural areas of China, attended the democratic forum in Wenling, Zhejiang. The villagers sat around the big tree with small benches, and the scene of speaking freely about the development of the village impressed him deeply. "The participation of the people is related to the degree of democracy and affects the expression of decision-making will. In this sense, China’s whole process of people’s democracy has richer and deeper connotations. "

  Kuhn believes that China strives to improve the living standards of all its people, which involves reform, rule of law, public participation, human rights protection and other aspects. "More than 1.4 billion people in China have truly become masters of their own affairs and explored new paths for the development of human democracy. This is China’s great contribution to human political civilization."

  The whole process of people’s democracy broke the hegemony of western democratic discourse. Martin jacques, a British scholar, believes that in the eyes of western countries, democracy originated from western polity and will gradually expand into a universal system for all mankind. This view lacks historical common sense and does not respect cultural differences. "Western countries account for less than 15% of the global population, but they think that their own systems should be accepted by all mankind, and all regimes that do not conform to the Western system are incorrect. Successful governance is not to copy the system and rules of one country to other countries, especially when the national conditions of the two countries are completely different. Democracy means respecting a country’s cultural traditions and allowing the country’s governance model to bear fruit in its own environment. "

  Whether a country in the international community is democratic or not should be judged by the international community together, not by a few self-righteous countries. "The rich and diverse civilizations in the world are full of vitality, and the rich diversity of civilizations, especially political civilizations, means that there is no single model of democracy that can be mass-produced." Jin Ping, director of the Institute of International Relations of the Royal Cambodian Academy of Sciences, believes that only by respecting the diversity of civilizations and enhancing inclusiveness can we promote and consolidate regional and even global peace and harmony, and promote the building of a community of human destiny in which no one is left behind.

  People’s democracy is the most effective democracy in the whole process.

  "The rule does not have to be the same, and it is expected to benefit the people." Democracy is not an ornament, not for decoration, but for solving problems that people need to solve. In the final analysis, the evaluation of a form of democracy depends on whether it can make the people live a good life.

  Jonny miller, Executive Chairman of the US-China Cooperation Foundation — White once wrote that China has successfully practiced the whole process of people’s democracy, a unique form of democracy, and proved to the world that Socialism with Chinese characteristics’s democratic system can create enormous economic and social benefits for all people.

  In the decade of the new era, China has completed the historical task of getting rid of poverty and building a well-off society in an all-round way, and the cause of the party and the state has made historic achievements and changes, pushing forward a new journey of building a socialist modern country in an all-round way. These achievements fully show that the continuous enrichment and development of people’s democracy in China can stimulate the infinite initiative and creativity of the people of China and promote the all-round promotion and progress of Chinese modernization.

  Ma Yijun, a senior researcher at the Globalization Think Tank, believes that the true meaning of democracy is to serve the people, and China’s democracy is well deserved. "The China government has responded to the people’s call and made efforts to improve people’s lives and livelihoods. Before legislation, China will announce the draft law to the public and solicit opinions. This is a big example. "

  Chinese modernization is a comprehensive and free development modernization, and it is a five-in-one modernization of economic construction, political construction, cultural construction, social construction and ecological civilization construction. Among them, the fundamental task of political construction is to continuously develop socialist democratic politics, continuously build high-quality Chinese-style democracy, and constantly ensure that people’s rights as masters of their own affairs are implemented.

  In Yi Si’s view, the practice of Chinese-style democracy can solve practical problems. "This is achieved through consultation at every level of the administrative department in a wide range of society and full discussion within the party."

  The people’s congress system in China embodies the superiority of the socialist system. While ensuring that the party and the state can hear the voices of the people in all aspects of decision-making, implementation and supervision, it also ensures that the decision-making is far-sighted and can be implemented efficiently. Martin jacques believes that only a very confident political party with a solid mass base can successfully make long-term policy adjustments when necessary.

  Igor Maximtsev, president of St. Petersburg State University of Economics, believes that the whole process of people’s democracy in China adheres to the people-centered, conforms to China’s national conditions and reality, and contributes China’s wisdom to human political civilization. Countries should respect each other’s democratic model, strengthen exchanges and mutual learning, and jointly promote the continuous development of human civilization.

  The Communist Party of China (CPC) insisted on coming from the masses and going to the masses, was good at constantly summing up the wisdom and experience of the people, and concretely and realistically reflected the people being the masters of the country in the policies and measures of the party’s governance, so that the party’s theory and decision-making have the source of practice and keep the vitality of innovation.

  Onunaiju said that China’s modernization process does not directly copy the experience of other countries in the world. On the contrary, it absorbs foreign experience on the basis of its own national conditions, combines it organically, and has been tested by practice. The national consensus formed in consultation and cooperation integrates all different viewpoints and visions into the macro road map of national development, and condenses the consensus and will of the whole society.

  China’s concept of democracy comes from the fertile soil of Chinese modernization in practice, which will be enriched and developed with the advancement of Chinese modernization, and will contribute more China wisdom to the progress of human political civilization.

Chinese patent medicine has no toxic side effects? You think too much.

Knowing a thousand miles, the whole family can cure sores.

Home has Sanguisorba bark, not afraid of burning and peeling.

If you have Sanguisorba charcoal at home, you are not afraid of skin burning.

Liu sent slaves at home, not afraid of beheading with a knife.

A catchy Chinese medicine jingle

Seemingly easy to understand

But it embodies countless philosophical wisdom of the ancients.

Chinese medicine is the traditional medicine of our Chinese nation.

Compared with western medicine

Has the advantages of low price, small side effects and the like.

Loved by everyone

But nowadays, we often see that some drugs or health care products are declared as "natural preparations and pure Chinese medicine preparations", which are non-toxic and have no side effects.

In fact, it is a misunderstanding that "Chinese patent medicine is non-toxic". If it is not used properly, Chinese patent medicine can also cause toxic and side effects like western medicine.

Why is the saying that "Chinese medicine is nontoxic" so deeply rooted in people’s hearts?

According to the current situation, the research on the effective components and pharmacological effects of most traditional Chinese medicines is not as thorough as that of western medicines. Long-term and large-sample clinical trials are needed before western medicines are put on the market. The adverse reactions are fully studied, and the corresponding parts in the instructions are clearly written, and their shortcomings are unambiguous. This actually gives patients full right to know and protects them to the maximum extent. However, there is a lack of research on the adverse reactions of traditional Chinese medicine, especially Chinese herbal medicine, which is mostly used by experience. The analysis of effective components of many drugs is still under exploration, let alone the study of side effects.

For some Chinese patent medicines, the relevant research data is also very scarce, and the corresponding parts in the instructions are either simply described or omitted, which misleads patients and thinks it is very safe. In addition, the media often deliberately emphasize "pure Chinese medicine preparation" in propaganda, which actually plays a misleading role in fueling the "non-toxic Chinese medicine".

Therefore, if Chinese patent medicine is improperly applied,

Will cause toxic side effects like western medicine.

It can delay the illness, but it is life-threatening.

Here are some commonly used Chinese patent medicines.

Let’s talk about their side effects

Liushen Pill contains toxic components such as bufogenin and realgar. Some people take Liushen Pill because of sore throat, resulting in itchy skin, irritability, pale face, nausea and vomiting, drowsiness and coma, dyspnea and arrhythmia.

Liushen pill

Jinkui Shenqi Pill, also known as Bawei Dihuang Pill, is often used to treat waist soreness, leg weakness, acute abdominal pain, polydipsia, insomnia, dysuria or frequent urination. However, some people will have skin rashes, nausea, abdominal pain, diarrhea, edema, headache, rising blood pressure and rapid heartbeat after taking the medicine.

Jinkui Shenqi Pill

Xiaohuoluo Pill has been reported to have taken this medicine because of traumatic scapulohumeral periarthritis or lumbar sprain. As a result, symptoms such as chest tightness, dyspnea and itchy skin appeared, and the symptoms disappeared after treatment. The reason may be related to the allergic reaction caused by the animal protein contained in the earthworm (earthworm) in the prescription.

Xiaohuoluo pills

Xiaoyao powder is mainly used to treat headache, dizziness, fatigue and fatigue. However, it has been reported that after taking the medicine for trigeminal neuralgia, the whole body appeared punctate pink papules, edema of face and lower limbs, aversion to cold and high fever, and head swelling and pain after stopping treatment.

Xiaoyaosan

Sanxiandan, Angong Pill and Zhusha Anshen Pill all contain cinnabar, that is, mercury sulfide, which can be poisoned if taken for a long time.

Classified traditional Chinese medicine containing cinnabar

Improper use of Xiaoke Asthma can lead to arrhythmia; Taking Fuzi Lizhong Pill improperly will cause tongue curl and shortness of breath; Abuse of Bupleurum injection and pilose antler essence injection can cause anaphylactic shock.

In recent years, the frequent adverse reactions of traditional Chinese medicine injections have pushed the safety of traditional Chinese medicine to the forefront. In order to avoid the above-mentioned adverse reactions when taking medicine, we should closely observe the reactions after taking medicine during the period of taking medicine. Once there is any abnormality, we should stop taking medicine immediately and go to the hospital for treatment.

Other drugs

Source: National Medical Products Administration.

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China CDC: Dinner is not recommended, and it is not recommended to bring infants to eat in the hall.

  Cctv newsOn April 23rd, the State Council Joint Prevention and Control Mechanism held a press conference to introduce the popularization of scientific knowledge of prevention and control in COVID-19 and answer questions from the media.

  The reporter asked whether it is still possible to eat in restaurants, and if so, how to protect them.

  Feng Luzhao, a researcher at China CDC, said that at present, large-scale dinners are still not recommended, and it is not recommended to bring infants who have no self-care ability to eat in class. It is recommended to choose some restaurants with good sanitary conditions for ordinary dining, make an appointment before eating, and eat at the wrong peak to avoid crowding.

  Before entering the restaurant, you should cooperate with the staff to take temperature measurement and register. If you have fever, you should not enter the restaurant. During your stay in the restaurant, you should minimize contact with those public facilities, do a good job of hand hygiene, and wash your hands before meals and after going to the toilet. In the process of eating, try to keep interpersonal distance with others and pay attention to cough etiquette. When many people eat together, it is recommended to use public chopsticks and spoons to reduce the chance of contact and transmission and reduce the risk of infection.