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　　When it comes to SAIC Audi, people often think of luxury and high-end. Because of this, Audi cars have become the dream car in the hearts of countless car fans. With its consistent adherence to quality, SAIC Audi has firmly sat on the high-end market throne. Recently, SAIC Audi once again lived up to expectations and launched a new generation of C +-class performance luxury flagship – the new SAIC Audi A7L, with dynamic exterior design, technological interior, and surging power, to meet users’ needs for luxury cars and start a new journey.

　　Renewal of two appearance sets, high recognition

　　In terms of appearance, the new SAIC Audi A7L adopts two different styles of appearance design: dynamic suit and trendy suit. In the front face part, the new car uses the iconic hexagonal air intake grille design. In addition, the dynamic suit has newly upgraded the design of the middle grid, side air intake and rear diffuser, combined with the four prisms on the engine cover for great visual impact. LED headlights on both sides of the front use a matrix design, which is highly recognizable when lit.

　　The side lines of the new car are loose and powerful, and the slender body shape is quite dynamic. In addition, the wheel hub shape adds 21-inch double V-shaped 5-spoke aluminum alloy wheels and red calipers. In the rear part of the car, the lighting effect of the through-type LED taillight group is very technological, and the duck-tail shape spoiler above the trunk is full of movement with the bottom blackened rear surrounding components.

　　The interior is sporty and full of technology

　　The overall design of the interior of the new car is sporty. The through-air conditioner is trended with chrome-plated trim, which is more delicate. The car adopts a three-screen design, including a multimedia entertainment display screen, an air-conditioning control panel and a full LCD meter. The overall sense of technology is full. At the same time, the Dream Youth Edition model is also equipped with a comfort key and a mobile phone battery life set, and the Dream Future Edition is equipped with a winter warm set and a keyless entry and electric tailgate set.

　　In addition, the new car also adds a new interior color, shadow gray, which is also exclusive to the RS kit racing version. The super sports seat in the car is equipped with Wagner leather seat fabric with diamond rhombus pattern contrasting stitches, engraved with RS Logo, forming a layered overall color match.

　　A variety of power configurations are available, surging and abundant

　　In terms of power, the new car offers two options: 2.0T engine and 3.0T V6 + 48V light hybrid system. Among them, the 3.0T V6 + 48V light hybrid power system has a maximum power of 250 kW, a peak torque of 500 Nm, and a 0-100km/h acceleration of 5.6 seconds. It matches a 7-speed wet dual-clutch gearbox. The 2.0T engine has a maximum power of 180 kW and a peak torque of 370 Nm. It also matches a 7-speed wet dual-clutch gearbox. The 2.0T model offers two-wheel drive and four-wheel drive for selection, and the 3.0T model comes standard with a four-wheel drive system.

　　It is understood that the new SAIC Audi A7L has launched a total of 7 models this time, including the regular version, the special version Darth Vader version and the RS kit racing version, with a price range of 418,700 – 666,200 yuan. Such a rich product line not only meets the diverse car purchase needs of different consumers, but also shows SAIC Audi’s deep strength in the luxury car market. I believe that with the launch of the new SAIC Audi A7L, it will further promote the development of the domestic luxury car market and bring you a more distinguished driving experience.

Special feature of 1905 film network　 From the Spring Festival to the National Day,TheoI finally waited for my first big screen work.The release. Although he didn’t get involved in it more deeply as a special star, the film still means a lot to him.

It was Wang Baoqiang who won this rare opportunity for THEO. The two became attached to each other through a variety show. At that time, THEO was controversial because of his idol status, and Wang Baoqiang not only shaved him directly in the program, but also took him to complete a series of challenges such as survival in the wilderness.

　

It was also this experience that made Wang Baoqiang remember this "unexpected and hard-working" younger brother. Then, after learning that the new film directed by Tang Jili was looking for a new actor, he recommended THEO to the other party. After trying the play, the role was settled.

　

For "making a movie with Jackie Chan", my father, who is a movie fan, is more excited than THEO. "It’s a dream for my father". The day before joining the group, he was very upset and recited a few words of his own many times: "As a result, the director at the scene said, don’t care too much about the lines, just follow your feelings, and finally I basically changed all the words."

THEO, who majored in dancing, was recognized by the director at the first interview. However, due to the limitations of roles and scenes, he didn’t have many opportunities to show his skills through acting, which made him feel a little sorry. Therefore, when Tang Jili, who had already written the story of Depth Charge 2, sent out an invitation again, THEO readily responded to the director’s "arrangement".

Many people are prejudiced against idol-transformed actors, but THEO feels that he has always been a hard-working person. "I have never felt that idols and actors (to be distinguished) are all engaged in a career together on the road of performing arts and doing what they like."

　

Unfortunately, the reality is cruel, and "breaking the circle" is particularly difficult for idols — — Being in the "rice circle", they are surrounded by countless praises and even "unconditional" love; Once faced with "passers-by", it is difficult to get rid of the negative impression in evaluation. THEO said half-jokingly, compared with the criticism that an actor has to face, "As an idol, I should have suffered more scolding. I always told myself not to care too much about it. It should be quite tiring to live according to other people’s ideas."

　

Although he doesn’t want to be imprisoned by a certain identity, whether he is a singing idol or a young actor, THEO firmly believes that he can prove his only strength. From an unknown trainee to today, he has a goal that has never changed: "I hope I can always do my best." In this line, you just have to do better and be known by more people, so that you can get more and more platforms and opportunities and get better and better. "

[Interview Record]

　

Up！ New power: what scene did you shoot on the first day? What did the director say about you after filming?

　

THEO: The first day was with Brother Allen and Sister Mia. The director will also ask me to take a look at it after filming a paragraph, tell me where I need to make minor adjustments, and ask me what I think. I’ll tell him that maybe I feel a little uncomfortable here, so we’ll adjust it again. In fact, the director also said not to care too much about the words memorized the day before, just follow your feelings.

　

Up！ New power: We know that Jackie Chan has been very strict with "small fresh meat". How do you feel this time?

　

THEO: Actually, he is not strict. He has always been very kind to me. Anyway, he is very nice, including telling me at dinner, "You are too thin, you need to eat more." Later, he gave me zongzi.

Up！ New power: Many people think that it is not particularly easy for idols to transform into actors. What do you think of this?

　

THEO: I feel fine. In fact, I have never felt what idols should be and what actors should be. I think we are all engaged in a career together on the road of performing arts and doing what we like.

　

As for hard work and tiredness. Actors may work and work continuously every day for a period of time. If we (idol groups) work continuously for a week or a month, we may take a day or two off in the middle. Actors eat and rest regularly, so we can’t help it.

Up！ New power: Your fans have always been very concerned about your works. How do you digest and understand this "unconditional" love?

　

THEO: I always feel that no one can always support you unconditionally except friends and family, but many of my fans and I are strangers and have never even met each other. We just met on the screen, and they can always support me unconditionally, which is very touching. I said at the concert that fans are like family to me.

　

Up！ New strength: I am the captain in the team, but this time I am the youngest in the crew. Will my mood change?　 　

　

THEO: Yes, suddenly I feel loved and happy. (Laughter)

　

Up！ New strength: It should be quite stressful at ordinary times?

　

THEO: Actually, we are all older children, and we can take care of ourselves. Maybe sometimes, as a slightly older (captain), they didn’t notice, so I’ll just talk about it a little. But I usually just stop. I think everyone has his own direction to develop. I can’t control him or make him like me. So I will only tell him the disadvantages and then let them choose for themselves. Now, everyone is a mature artist, everyone has their own ideas, and they all know how to go in the future.

Up！ New strength: Will your future work focus be biased after starting to make movies?

　

THEO: Actually, what I want is to work together. Actually, when I first entered this industry, I wanted to go to the actor’s side. Later, I came into contact with music and fell in love with it. But now it’s like fulfilling my original dream.

　

Up！ New strength: After becoming an actor, the audience evaluation may be more acute. Are you ready?

　 　

THEO: I think as you said just now, as an idol, I think I should have suffered more scolding. So I think (sharp criticism) should be fine. I have never cared much about these things. It is most important to be yourself. If you care about other people’s ideas and live every day, I think it should be quite tiring.

Up！ New power: Do you think it is more difficult for idols to "break the circle"?

　

THEO: Difficult. But maybe because everyone has defined idols and actors clearly, I have always felt that I am an artist, so I never thought about breaking the circle. For me, it’s just two different jobs. It doesn’t mean I can’t do this job. One job is finished, and the other job is not bad, so I’ll try. Just like everyone usually says, "I may not want to do this job, I’ll change my job."

Up！ New strength: from debut to now, which experience is unforgettable?

THEO: The most unforgettable thing is actually my debut. I will never forget that day, and I will never forget the day when NINEPERCENT was dissolved. At the moment of debut, I felt that I had worked hard for so many years, which was very, very worthwhile. At that moment, I learned the same thing, that is, a person can’t accomplish everything, and there must be many people behind you to help you. Only by working together can you make your achievements today.　 　　

　

The day NPC was dissolved … … It’s just unforgettable Just entering that environment, in fact, all nine of us think we can do better, which is also a question we have talked about privately many times, that is, we think that several of us could have done better.

　

Up！ New strength: What is your goal to enter this industry? Has this goal changed?

　

THEO: It hasn’t changed. At first, I just liked to do it, but later I found out that you have to do better and be known by more people in this industry, so that you can get more and more platforms and opportunities.

1905 movie network news Because of the obscurity, the sweet love drama in ancient costume starring Yukee Chen’ is being broadcasted exclusively by iQiyi. Since its launch on February 21, it has been in the forefront of the major rankings inside and outside the station. Last Friday to Sunday, the fourth week’s update was ushered in. The enjoyable drama of "Ayuan is hard and Wang Zesheng" was well received by the audience, and the porcelain bowl couple’s sadomasochism escalated.

On March 20th, "Two Worlds of Happiness" is about to close its membership. The "two generations" bumpy porcelain bowl couple will also accept new challenges. In addition, Qi Xin punishes the evil King Yeh, knowing how the feud between Aunt Xia and Ayuan will develop, and whether the couple with sweet and abusive porcelain bowls can have a happy ending as the audience wishes?

In the fourth week, the topic of heat continued to go high, and the porcelain bowl couple abused their hearts.

Since the broadcast of "Two Worlds of Happiness", the results of each list have been rising. The highest heat in the iQiyi station is as high as 8032, ranking among the best in the total list of TV dramas. In addition, it has been in the forefront of the list of cat’s eye, Detawen, Guduo, Yunhe and other industries. It has been on the hot search for four weeks since its launch, and the discussion on tap water topics on non-update days has been heated. Last week, the couple in porcelain bowls cried tears with high energy, and # Jingci vomited blood again # soared to the hot search list in Weibo, showing the netizens’ concern about the plot.

In addition, updating the interaction of artists on the same day, Yukee Chen’ and Ayuan released an expression pack of "good spirit" in Lanyue Lake: "Ignore me tonight, and I will …" Subsequently, Zhang Sifan, Ma Yue, Wang Gongliang and other actors forwarded it one after another to "feel aggrieved" for Ayuan. Netizens spontaneously changed their names to Ayuan’s support: "Today he ignores you, tomorrow you will abuse him", "The Qinhe team is standing in Ayuan, and the scene is so miserable" and "Ayuan really has personality" …… The scene is very lively.

Last week, the porcelain bowl couple entered Heart Abuse 2.0, and the plot was full of high-energy tears. Aunt Zhixia got in the way, and Ayuan didn’t receive the letter left by Jingci before leaving Qinhe, which led to the misunderstanding between the couple, and Ayuan was chilling. Jingci clearly knew everything, but he didn’t tell Ayuan, and even "resigned" to accept Ayuan’s marriage with Mu Beiyan. In particular, Ayuan was framed by Wang Zesheng in Lanyuehu, and Jing Ci stood on Wang Zesheng’s side to protect Ayuan. This move broke Ayuan’s heart and proved his innocence. Ayuan chopped his purse and wanted to "past lives, make a clean break".This episode made netizens cry their hearts out, leaving messages: "I’ll forget about the abuse", "My eyes are swollen and I feel sorry for the porcelain bowl couple" and "Please explain the scene quickly".

Later, Ayuan learned the mystery of his life experience, and was framed and imprisoned by the king of Ye. Even the closest deer died tragically in prison. For a time, Ayuan suffered multiple blows, and the story of heart abuse attracted hot discussion from netizens: "The name of Ershi Huan was changed to Ershi Abuse, and every episode was crying."

Apart from the story of the heart abuse of the porcelain bowl couple, Wang Zesheng designed to frame Ayuan, and Ayuan, a strong woman, went online, which not only made Wang Zesheng mad, but also proved that Wang Zesheng deliberately framed the "Moon Lake Incident". Then, she threw away the medicine that Wang Zesheng gave her to restore her memory, and angered Wang Zesheng: "I won’t let you bully me again." Ayuan’s "revenge" plot made netizens applaud.

The MV of "No Regret" shows Mu Beiyan’s infatuation, and the ending of "Two Worlds" this week triggered expectations.

Recently, Ershihuan released the episode "No Regret" MV, in which Zhang Sifan, the actor of Mu Beiyan, was specially invited to sing, and "Xiao He Wang Ye" used a low voice to tell Mu Beiyan’s infatuation with Yuan Qingyi: Yuan Qingyi, a childhood friend, ruined his reputation for love, but he was desperate to protect this girl; Later, Feng Mian started his "Second" life as the original Qing Li, and Qinhe lived together day and night, which made him hopelessly fall in love with Ayuan, who was more independent, and stayed with her. ……

The sad melody sings Xiao He Wang Ye’s infatuation to protect the heart of "Two Worlds": "Planting two words in your heart is called not regretting". Ruthless infatuation, infatuation and ruthlessness, Prince Xiaohe’s infatuation and devotion can only bless the two sisters of the original family to find happiness. This contrast is even more cruel than the sadomasochism of the porcelain bowl couple.

This week, VIP members are about to close, and the finale is multi-line, with continuous reversal and continuous high-energy plot. Along the way, the porcelain bowl couple experienced a tortuous process of sweetness, heart abuse and heart abuse 2.0. The roller coaster-style love hung the appetite of the audience. Can the porcelain bowl couple who have been thinking about it for a month reap the "two-world joy" ending?

In addition, the suspense line of the series "brain burning" will also be uncovered one by one. When did King Ye, who dressed as a pig and ate a tiger, start planning everything, and what was his purpose? In addition, there is a high-energy tear point — — The two sisters of the original family, who were separated from the original Qing Dynasty on a windy night, finally reunited after 20 years. More "Two Worlds of Happiness" was finally declassified, so please look forward to the final update of iQiyi this weekend.

"Two Worlds of Happiness" is adapted from the novel of the same name "Lonely Moon and Bright Moon", which is produced by iQiyi and produced by iQiyi Artist Studio. Every Friday to Sunday at 8: 00 pm, 2 episodes will be updated, and members will watch one week (6 episodes) first.

1905 movie network news On August 10th, the most appetizing family movie in summer was released nationwide. Recently, colorful graffiti activities with wonderful "food" theme were held in major shopping malls all over the country, so that children can not only fly their imagination and improve their hands-on ability during the relaxed and happy summer vacation, DIY belongs to their own food world, and more importantly, it can enhance their comprehensive quality and enhance their aesthetic taste. On August 5 th, the film will open the grand premiere of "all diners come", and the delicious taste will be tasted in advance. Pre-sale is now fully open, big and small foodies, come and grab the seats.

　

Super fun! "Wonderful Food World" Color Filling Competition opens parent-child interaction in midsummer, inviting your brain to open wide.

During the summer vacation, the film "Heroic Stew of Food Adventure" held a "fantastic food world" coloring contest in many shopping malls in China, creating a fantastic coloring paradise for children. Every child can choose the animated characters in the movie to fill in the colors according to his own preferences, and create a unique food hero. After the coloring, parents can upload their works according to the instructions of the on-site staff, and they will have the opportunity to get a unique food puzzle made by their own works, which is not only fun, but also allows parents to accompany their children to grow up together and do more meaningful things together.

The color card is mainly based on the heroic characters in the movie "The Heroic Stewed Food Adventure", and the children fill in their own colors for the heroic characters with different qualities, such as Bao Qiang Musashi Qiaoqiao. In the film, Bao Qiang and Musashi, who had different personalities and different positions, started their new adventure in the food world by coincidence. In this process, Bao Qiang’s persistence and persistence opened Musashi’s heart and became a friend in need. The two seemingly incompatible people finally came together because of the kindness in each other’s hearts. Through activities such as the color filling contest, I also hope to convey the positive energy such as bravery, kindness and tolerance in the film to children.

　

Super surprise! Gourmet rivers and lakes landed on the network, and the food industry opened up on the Musashi line in Bao Qiang

The movie "The Stewed Hero of the Great Food Adventure" became a hot summer movie. Not only did a color filling contest be held offline, but also Bao Qiang Musashi was everywhere on the online video platform. In the stickers posted on major video networks, Bao Qiang, a young boy with heroic dreams, did not flinch in the face of the great crisis that threatened the world. In order to stop the evil plan of the villain octopus, he went over the mountains to find cheats, and the tempting food clips were unforgettable. Many viewers said, "This is a movie that will make you hungry after watching it."

Director Sun Haipeng once said: "This movie is like a pot of soup cooked by Cantonese people, simmered slowly with small fire, and savored with fine threads. It is also like practicing a kung fu, and it takes ten years of cold and heat to become a foundation." From the launch of Bao Qiang series animation in 2008 to the release of the movie "The Heroic Stew of Food Adventure" on August 10th, the animators have sharpened their swords for ten years, just to serve you the most delicious family dinner. Now the film has been pre-sold, so go and grab the tickets.

　

Produced by Guangzhou Yidong Culture Communication Co., Ltd. and Beijing Jingxi Cultural Tourism Co., Ltd., jointly produced by Xuyi Cultural and Sports Tourism Group Co., Ltd., Meimao Wenlv Group Co., Ltd., Huaiyang Cuisine Group Co., Ltd., Huai ‘an Westward Travel Industry Group Co., Ltd., Suzhou Tianxuan Animation Design Co., Ltd. and Nanjing Azure Sea Digital Technology Co., Ltd., the pre-sale of the animated film "Heroes of Food Adventure" directed by Sun Haipeng has now started, and it will be released nationwide on August 10 to fill the summer vacation for the whole family

The fuel of the main torch of Hangzhou Asian Games is "green" methanol, which is called "green" because the preparation process of methanol is "zero carburetion", that is, the amount of carbon dioxide produced and consumed is completely neutralized from methanol production to methanol combustion. This is also the first time that zero-carbon methanol has been used as torch fuel in large-scale events. When the main torch was lit, the bright and elegant flame posture added a lot of color to the opening ceremony. Under normal circumstances, the combustion of methanol is light blue, which is not easy to see. In order to make the flame look more beautiful, the research team added a small amount of special "salt" into methanol, and the flame reaction of calcium ions and sodium ions in the salt ensured the flame to produce bright yellow and reddish colors, making the ignition ceremony more ornamental. (Science and Technology Daily reporter Liang He, Photography/Science and Technology Daily reporter Zhou Weihai)

1905 movie network news The film starring Zhang Hong as the chief producer, Zhang Hong as the chief producer, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang, Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang Zhang, Zhang Zhang Zhang Zhang Zhang In the trailer, we show the relationships among the characters, such as long-distance lovers who never give up in the epidemic, migrant workers who do not leave their names in Wuhan, community grass-roots workers who stick to their posts, medical workers who fight for the front line and give their lives to themselves, and medical families who help Hubei, which separate the two places. All of them go bravely for their love, and everyone is making an agreement with you in front of the screen.

Zhou Dongyu and YIN FANG interpret the most beautiful appearance of love.

Huang Xiaoming’s humorous interpretation of "fatherly kindness and filial piety"

The trailer starts with Shang Xiaoyu played by Zhou Dongyu and Li Nanfeng played by YIN FANG. With the idea of "Don’t be afraid, I must see you", Li Nanfeng firmly rode to Shang Xiaoyu’s side to meet her. Outside the ward, with the distance between the rooftop and the window, he took Xiaoyu to see the "sea" and fireworks they agreed on in his unique way. The picture of Zhou Dongyu wearing an oxygen mask was real and moving, and he combined various states of discomfort, surprise and emotion with a tearful expression in his smile.

As soon as the camera turns, Liu Erhong (played by Song Xiaobao) and Wang Dapeng (played by Pan Binlong) drive trucks "retrograde" to sick old people in Wuhan and Lu Yu. Although they were worried about the risk more than once, they made up their minds to carry the old man to the hospital, explaining the warm encounter between strangers. Lao Wang (played by Wang Jingchun), the secretary of the community, gained everyone’s understanding and respect when he served the residents in the closed community, including Mai (played by Angel), who lived alone at home because his mother was fighting against the epidemic. When the secretary had to leave his post temporarily, Mai and all the residents saw him off and lit up a "starry sky" with a mobile phone flash, expecting the secretary to meet again after his safe return.

Gong Chen (played by Chao Huang) and Yang Shan (played by yangsi) each wear cool protective clothing to fight against "death" in the hospital, but they always insist on meeting in the warm color of spring; His wife Wang Yaer (played by Song Jia) left home to help Hubei, and her husband Li Jing (played by Huang Xiaoming) stayed in Sichuan to take care of his son alone. However, in the earthquake, his "son" Lele (played by Zhang Hangcheng) splashed his face with instant noodles, which was dubbed by netizens as "Huang Xiaoming turned yellow and poured bright flowers". This humorous scene of "father’s filial piety" revealed a father’s slightly "clumsy" love for his children.

The stars bravely go to the one they love.

Meet the person you want to see on April 2! Take advantage of spring. "

The film "You are my spring" tells the warm story of ordinary people watching each other in difficulties from a down-to-earth perspective. A series of questions in this trailer, such as "You must be distressed", "Will you be flustered" and "Are you still insisting", are not only questions about the situation of each character, but also express the sincere resonance of every audience.

Combined with the newly released stills, the relationship between the characters in the story is more clear, and it also corresponds to the connection between people in real life: long-distance lovers who never leave in the epidemic, migrant workers who do not leave their names in Wuhan, grassroots people who stick to their posts, medical workers who fight for the front line and give themselves up, and medical families who help Hubei & HELIP; …

In a special period, these ordinary people who are still humble and full of hope in the face of the real situation, just like every "you" and "me", are heading for their own hearts, taking pains only to meet the people they want to see. Just like the invitation sent by the whole staff to the audience at the end of the trailer, "Let’s meet! Take advantage of spring. "

The film You Are My Spring was directed by the Chinese Film Association, with Chen Daoming as the chief producer, Huang Bo as the chief producer, Zhang Hong as the chief producer, Zhou Nan, Zhang Chi, Yu-sheng Tian, Dong Yue and Rao Xiaozhi as the directors, Zhou Dongyu, YIN FANG, Song Xiaobao, Pan Binlong, Wang Jingchun, Zhao Jinmai, Huang Chao, Yang Si, Huang Xiaoming, Song Jia and Zhang Hangcheng (in order of appearance).

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　　At 9: 30am on July 22nd, the first batch of 25 science and technology innovation board stocks started trading on the Shanghai Stock Exchange, and science and technology innovation board officially opened.

　　Chen kangliang

　　2019 is a "big year" for China’s capital market reform, including the establishment of science and technology innovation board and the pilot registration system, and many other heavy reforms have been carried out one after another, which not only achieved phased results, but also triggered the market’s expectation on how to "continue to reform" in the next step. In this regard, the Central Economic Work Conference, which closed in Beijing on December 12th, gave the answer.

　　The meeting proposed to speed up the reform of the financial system, improve the basic system of the capital market, improve the quality of listed companies, improve the exit mechanism, and steadily promote the reform of the Growth Enterprise Market and the New Third Board.

　　Dong Dengxin, director of the Institute of Finance, Wuhan University of Science and Technology, said that the Central Economic Work Conference made clear four requirements on how to reform the capital market in China in the next step, among which "improving the basic system of the capital market" was the first one, which was the requirement of clearly promoting the modernization of the capital market governance system and governance capacity from the height of top-level design, and was in line with the spirit of the Fourth Plenary Session of the 19th CPC Central Committee.

　　Dong Dengxin further pointed out that as far as the development of China’s capital market is concerned, in the past 30 years, it has focused on the expansion of scale, from scratch, from small to large, and paid relatively little attention to the improvement of the basic system. However, it should be noted that institutional advantage is the greatest advantage and institutional development is the greatest development. It is of great significance to improve the basic system of the capital market, especially considering that China’s capital market should achieve high-quality development.

　　"Relevant systems, including information disclosure system, IPO (initial public offering) system, delisting system, etc., all need to be further improved, and the direction is to realize the marketization, legalization and internationalization of the capital market." Dong Dengxin said.

　　In order to improve the quality of listed companies, Zhang Yuewen, director of the Corporate Finance Research Office of the Institute of Finance of China Academy of Social Sciences, said that listed companies are the foundation of the capital market, and the long-term healthy development of the capital market can only be guaranteed if there are high-quality listed companies. However, in the current China capital market, the quality of some listed companies is worrying, and there are still big problems, including the decline in comprehensive financial quality and the increase in asset-liability ratio; There are defects in corporate governance, and the relationship between controlling shareholders and minority shareholders is alienated; The quality of information disclosure is not high; The protection of investors’ rights and interests is not paid enough attention, and it needs to be reformed urgently.

　　To this, Dong Dengxin also agreed. He said that in the past, market players and regulators paid insufficient attention to improving the quality of listed companies, but this year, the attention of all parties has been continuously strengthened. A few days ago, the China Securities Regulatory Commission issued the "Action Plan to Promote the Quality Improvement of Listed Companies", striving to greatly improve the overall appearance of listed companies through three to five years’ efforts. This indicates that the special reform to improve the quality of listed companies has moved from blueprint planning to construction, and the next step is to implement it, including improving the delisting mechanism.

　　Zhang Lichao, a senior researcher at Guosen Securities, also said that improving the delisting system of listed companies and strengthening delisting efforts are important components of multi-level capital market construction, which plays an important role in optimizing resource allocation, promoting the survival of the fittest, improving the quality of listed companies and protecting the legitimate rights and interests of investors. The remarkable increase of delisting companies since this year shows that the export of A-share market is gradually smooth. Only by making the delisting channels smooth can the capital market become an organic system with normal metabolism, which will also objectively promote the improvement of the quality of listed companies.

　　Li Zhan, chief economist of zhongshan securities, believes that the diversified delisting mechanism of China’s capital market will be accelerated in the future, including both compulsory delisting and active delisting, as well as restructuring delisting methods such as absorption and merger, clearing assets replacement and selling shells, and gradually converge with developed capital markets such as the United States.

　　Pan Xiangdong, chief economist of New Era Securities, said that this is an important area for deepening the reform of China’s capital market, especially the conditions surrounding the reform of the pilot registration system of GEM have become more and more mature. Growth Enterprise Market will take over from science and technology innovation board and become the main battlefield of China’s registration system reform in the future.

　　In fact, the top-level design to promote the reform of the registration system of the Growth Enterprise Market was published nearly four months ago. In August, the Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Shenzhen to Build a Pilot Demonstration Zone in Socialism with Chinese characteristics proposed that we should study and improve the GEM listing, refinancing, mergers and acquisitions, and create conditions to promote the reform of the registration system.

　　Pan Xiangdong further pointed out that encouraging science and technology enterprises to list on the GEM will help to further lower the threshold for science and technology enterprises to enter the capital market; GEM and science and technology innovation board will form an organic supplement to further improve the construction of multi-level capital markets; The implementation of the registration system for GEM enterprises can encourage more high-quality operating assets such as small and medium-sized enterprises to enter the GEM, improve the capital market structure of the GEM, and promote the healthy development of China’s capital market.

　　CCTV News:Today, the Supreme People’s Court held a press conference to issue the Opinions on Giving Full Play to the Judicial Function and Strengthening the Judicial Protection of Property Rights, which put forward clear requirements for the relevant judicial execution from three aspects: the basic principles of strengthening the judicial protection of property rights, judicial policies and mechanism construction.

　　Today, the Supreme People’s Court also issued the Implementation Opinions on Properly Handling Historical Property Rights Cases in accordance with the Law. The Implementation Opinions require adhering to the principles of seeking truth from facts, equal protection, correcting mistakes according to law and combining correction with prevention, providing equal judicial protection for all types of property rights subjects, unblocking the filing channels of property rights complaint cases, and standardizing the application of retrial procedures.

　　Equal protection of economic property rights of all forms of ownership

　　The "Opinions" require that the litigation status and legal application of all kinds of property rights subjects be treated equally, pay attention to equal protection of non-public property rights, and equally protect the litigation rights and substantive rights of Chinese and foreign parties.

　　Punish all kinds of crimes against property rights according to law, and equally protect economic property rights of all forms of ownership.

　　Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that crimes against state-owned and collective assets should be punished according to law, and criminal law protection for non-public property should be strengthened, and crimes against the property rights of non-public enterprises and investors, managers and employees in the non-public economy should be punished according to law.

　　The "Opinions" require an objective view of the irregularities in business operations, and acquit those who have insufficient conviction basis according to law.

　　Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that we should treat it objectively from the perspective of history and development, strictly follow the principles of a legally prescribed punishment for a crime, never suspecting a crime, and handling related cases fairly according to law. All kinds of economic activities, except those explicitly prohibited by laws and administrative regulations, shall not be treated as crimes; Those who violate laws and regulations but do not constitute a crime, or whose crimes and non-crimes are unclear, shall be declared innocent according to law.

　　Resolutely prevent economic disputes from being treated as crimes

　　The Opinions call for a strict distinction between economic disputes and criminal offences, and resolutely prevent economic disputes from being treated as crimes. Emphasis is placed on giving full consideration to the characteristics of the non-public economy, strictly grasping the criteria for identifying criminal offences, and resolutely preventing economic disputes from being identified as criminal offences. For all kinds of economic disputes, regardless of the actual losses, we must always adhere to handling cases according to law and fair trials.

　　Use coercive measures and seizure and freezing measures with caution according to law.

　　In the past, in some places, there were some irregular problems in sealing up, distraining and freezing measures, such as mistakes, exceeding the standard, sealing up, distraining and freezing the property of outsiders, resulting in property damage and loss, and some enterprises that still have the ability to produce and operate could not produce and operate normally. The "Opinions" clearly stated that compulsory measures and seizure, seizure and freezing measures should be used with caution in accordance with the law to minimize the adverse impact on the normal production and operation activities of enterprises.

　　Yan Maokun, Director of the Supreme People’s Court Research Office:If it is required that in criminal trial, the defendant who has been arrested meets the conditions of obtaining a guarantor pending trial and monitoring his residence, the compulsory measures shall be changed; In criminal, civil and administrative trials, if it is really necessary to take measures of seizure, seizure and freezing, except for enterprises that need to be ordered to close down according to law, necessary working capital and current accounts may be reserved for enterprises as appropriate.

　　Strictly regulate the disposal of property involved.

　　The "Opinions" require strict regulation of the disposal of the property involved, and safeguard the legitimate rights and interests of enterprises and personnel involved in the case according to law.

　　Yan Maokun, Director of the Supreme People’s Court Research Office:It is required to strictly distinguish between illegal income and legal property, strictly distinguish between personal property and corporate property, and strictly distinguish between personal property and family members’ property. In accordance with the requirements of openness, fairness, standardization and efficiency, strictly implement and constantly improve the system of custody and disposal of property involved.

　　Fair trial of administrative agreement cases according to law

　　The "Opinions" require fair trial of administrative agreement cases according to law, and promote the construction of a government ruled by law and government integrity.

　　Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that for disputes caused by investment promotion, cooperation between government and social capital, we should carefully examine the reasons why the agreement cannot be fulfilled and the liability for breach of contract.If the government violates its commitments, especially for reasons such as the change of government and the replacement of leaders, it will resolutely support the reasonable demands of the administrative counterpart according to law.

　　Fair trial of cases of property expropriation and requisition according to law

　　The Opinions emphasize that cases of property expropriation and requisition should be tried fairly according to law and the legitimate rights and interests of administrative counterparts should be safeguarded. It is required to reasonably grasp the scope of public interests applicable to expropriation and requisition, and resolutely prevent the expansion of public interests. Follow the principle of timely and reasonable compensation, and fully protect the legitimate rights and interests of the expropriated.

　　The "Opinions" call for punishing intellectual property crimes according to law and strengthening judicial protection of intellectual property rights. Deal with historical property rights complaint cases according to law, and resolutely implement the requirement that mistakes must be corrected. It is required to establish a special working mechanism and pay close attention to screening and correcting a number of complaints about property rights disputes that have been strongly reflected by the society. If the facts are unclear, the evidence is insufficient, and the applicable law is wrong after examination, the party concerned shall be corrected and compensated in time according to law.

　　Properly handle historical property rights cases according to law.

　　The "Implementation Opinions on Properly Handling Historical Property Rights Cases in accordance with the Law" requires adhering to the principles of seeking truth from facts, equal protection, correcting errors according to law and combining correction with prevention, providing equal judicial protection for all types of property rights subjects, unblocking the filing channels of property rights appeal cases, and standardizing the application of retrial procedures.

　　The "Implementation Opinions" clearly put forward that the people’s courts should promptly review and carefully screen the effective judgments on property disputes involving major property disposal and illegal crimes committed by private enterprises and investors since the reform and opening up, and if the parties or outsiders lodge complaints; If there are mistakes, they should be resolutely corrected according to law. Focus on the screening, correction and publicity of major typical cases.

Screening and retrial of property rights complaint cases caused by government actions according to law

　　The "Implementation Opinions" stipulates that when screening and retrial property rights cases, the people’s court shall retry and revise the legal rights and interests of the investors for all kinds of contracts signed with the investors according to law in activities such as attracting investment, cooperation between the government and social capital, etc. because of the change of government and the replacement of leaders, or because of legal reasons, the government promises and contract agreements are changed, and the property losses suffered by the investors are not compensated according to law.

　　Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:In the process of expropriation and requisition of land, houses and other property, the people’s court shall review the wrong judgment that the government failed to give fair and reasonable compensation to the expropriated person in accordance with the scope, form and standard of compensation, and initiate a retrial.In the retrial review and trial, we should pay attention to the use of administrative reconciliation coordination mechanism and civil mediation to properly resolve property disputes.

　　Carefully grasp the screening and correct the judicial policy

　　The "Implementation Opinions" also emphasizes the need to carefully grasp the judicial policy of screening and correcting, accurately identify the nature of economic disputes and economic crimes, and resolutely correct the wrong effective judgments that treat economic disputes as crimes.

　　Accurately grasp the legal boundary between crime and non-crime

　　The "Implementation Opinions" emphasizes that the boundary between economic disputes and economic crimes, especially contract disputes and contract fraud, the boundary between legitimate financing and illegal fund-raising of enterprises, the boundary between economic disputes involved in the merger and reorganization of state-owned enterprises by private enterprises and malicious occupation of state-owned assets should be strictly distinguished, and the legal boundary between crime and non-crime should be accurately grasped.

　　Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:For economic activities in production, management, financing, etc., those that were not explicitly prohibited by laws and administrative regulations at that time and were punished as crimes, or those that were illegal but did not constitute crimes should be corrected according to law.

　　Resolutely correct the wrong judgment caused by criminal law enforcement intervening in civil disputes.

　　The "Implementation Opinions" stipulates that if the parties are forced to express their will by criminal means, which leads to the mistakes in the effective civil judgment, they must be resolutely corrected. Investors in private enterprises involved in crimes shall be guaranteed to exercise their property rights and other civil rights in accordance with the law during the period when the parties are subjected to compulsory measures or serving their sentences.

　　Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:The people’s court shall investigate and verify the private enterprise investors’ exercise of civil litigation rights seriously affected by the restriction of personal freedom, and after the restriction of personal freedom is lifted, they provide new evidence for the facts of the civil case, which may overturn the effective judgment. Those who meet the conditions for retrial shall start retrial according to law.

　　In addition, the "Implementation Opinions" also provides for issues that are strongly reflected by the society, such as the trial of cases, the disposal of property involved in execution procedures, and state compensation. (CCTV reporter Zhang Sai)