China Banking and Insurance Regulatory Commission on printing and distributing financial assets investment companies

Notice of Measures for Capital Management (for Trial Implementation)

Yin Bao Jian Gui [2022] No.12

All banking insurance regulatory bureaus, Industrial and Commercial Bank of China, Agricultural Bank of China, China Bank, China Construction Bank, Bank of Communications, and all financial asset investment companies:

"Measures for Capital Management of Financial Asset Investment Companies (Trial)" has been adopted at the second ministerial meeting in China Banking and Insurance Regulatory Commission in 2022, and is hereby issued to you, please follow it.

China Banking and Insurance Regulatory Commission

June 17, 2022

Measures for capital management of financial asset investment companies (for Trial Implementation)

Chapter I General Principles

the first　In order to strengthen the capital supervision of financial asset investment companies and promote the stable operation of financial asset investment companies, these Measures are formulated in accordance with the Banking Supervision Law of the People’s Republic of China, the Administrative Measures for Financial Asset Investment Companies (Trial) (Order No.4 of the Bank of China Insurance Regulatory Commission in 2018) and other laws and regulations.

the second　These Measures shall apply to groups composed of financial asset investment companies and their subsidiaries.

The term "financial asset investment company" as mentioned in these Measures refers to a non-bank financial institution established within the territory of People’s Republic of China (PRC) with the approval of China Banking and Insurance Regulatory Commission, which is mainly engaged in bank debt-to-equity swap (hereinafter referred to as debt-to-equity swap) and supporting business. The term "affiliated institutions" as mentioned in these Measures refers to institutions that are directly or indirectly held by financial asset investment companies and should be included in the scope of consolidated capital supervision in accordance with the provisions of Section V of Chapter II of these Measures.

Article　A financial asset investment company shall ensure that the capital it holds can withstand the risks it faces, including group risks, individual risks and systemic risks.

Article 4　A financial asset investment company shall continuously meet the regulatory requirements and indicators of capital adequacy as stipulated in these Measures.

Article 5　The term "capital adequacy ratio" as mentioned in these Measures refers to the ratio between capital and risk-weighted assets held by financial asset investment companies that meet the requirements of these Measures.

Tier 1 capital adequacy ratio refers to the ratio between tier 1 capital and risk-weighted assets held by financial asset investment companies that meet the requirements of these Measures.

Core Tier 1 capital adequacy ratio refers to the ratio between core Tier 1 capital and risk-weighted assets held by financial asset investment companies that meet the requirements of these Measures.

Article 6　A financial asset investment company shall calculate the consolidated and non-consolidated capital adequacy ratio in accordance with the provisions of these Measures.

Article 7　The term "net capital" as mentioned in these Measures refers to the capital balance after deduction from all levels of capital held by financial asset investment companies and affiliated institutions that meet the provisions of these Measures.

Article 8　In addition to the above regulatory requirements for capital adequacy ratio, financial asset investment companies should also meet the regulatory requirements for leverage ratio.

The term "leverage ratio" as mentioned in these Measures refers to the ratio between the net Tier 1 capital held by a financial asset investment company and the adjusted balance of assets on the balance sheet and the balance of off-balance sheet items.

Article 9　A financial asset investment company shall establish a comprehensive risk management framework and internal capital adequacy management and evaluation procedures.

Article 10　China Banking and Insurance Regulatory Commission and its dispatched offices shall, in accordance with these Measures, conduct daily supervision and on-site inspection on the capital adequacy and capital management of financial asset investment companies, and may take corresponding supervision measures as appropriate.

Chapter II Capital Supervision Requirements

Section 1 Calculation of Capital Adequacy Ratio and Regulatory Requirements

Article 11　The formula for calculating the capital adequacy ratio of a financial asset investment company is:

Article 12　The total capital of a financial asset investment company includes core tier 1 capital, other tier 1 capital and tier 2 capital. A financial asset investment company shall calculate all levels of capital and deductions in accordance with the provisions of Section II of this chapter.

Article 13　The risk-weighted assets of financial asset investment companies include credit risk-weighted assets, market risk-weighted assets, operational risk-weighted assets and asset management business risk-weighted assets. A financial asset investment company shall separately measure credit risk-weighted assets, market risk-weighted assets, operational risk-weighted assets and asset management business risk-weighted assets in accordance with the provisions of Section III of this chapter.

Article 14　The capital adequacy ratio of financial asset investment companies at all levels shall not be lower than the following requirements:

(1) The core tier-one capital adequacy ratio shall not be less than 5%;

(2) The Tier 1 capital adequacy ratio shall not be less than 6%;

(3) The capital adequacy ratio shall not be less than 8%.

Article 15　Under certain circumstances, a financial asset investment company shall accrue countercyclical capital above the minimum capital requirement. The countercyclical capital requirement is 0-2.5% of risk-weighted assets, which is met by core Tier 1 capital. The countercyclical capital requirement is determined by China Banking and Insurance Regulatory Commission according to the actual situation.

Section 2 Definition of Capital

Article 16　Core Tier 1 capital includes:

(1) Paid-in capital or common stock;

(2) Capital reserve;

(3) Surplus reserve;

(4) General risk preparation;

(5) Undistributed profits;

(6) Other parts that can be included.

Article 17　Other Tier 1 capital includes:

(1) Other Tier 1 capital instruments;

(2) Premium of other Tier 1 capital instruments.

Article 18　Tier 2 capital includes:

(1) Tier 2 capital instruments;

(2) Premium of secondary capital instruments;

(3) Reserve for excess losses.

Financial asset investment companies should use the weight method to measure credit risk-weighted assets, and the excess loss reserve can be included in tier 2 capital, but it shall not exceed 1.25% of credit risk-weighted assets.

A financial asset investment company shall carry out impairment accounting treatment on financial instruments that need impairment accounting treatment in strict accordance with the requirements of accounting standards and confirm the loss reserve. The excess loss reserve mentioned in the preceding paragraph refers to the part of the loss reserve actually withdrawn by a financial asset investment company that exceeds the balance of non-performing assets.

Article 19　When calculating the capital adequacy ratio, a financial asset investment company shall fully deduct the following items from the core Tier 1 capital:

(1) Goodwill;

(2) Other intangible assets (except land use rights);

(3) Net deferred income tax assets caused by operating losses;

(4) The gap of loss provision for credit risk assets.

The gap of loss reserve refers to the part where the loss reserve actually accrued by a financial asset investment company is lower than the balance of non-performing assets.

Article 20　Capital instruments at all levels held by financial asset investment companies and other financial institutions through agreements, or capital investments at all levels identified by China Banking and Insurance Regulatory Commission and its dispatched offices as inflated capital, should be deducted from the corresponding regulatory capital.

Financial asset investment companies directly or indirectly hold capital instruments at all levels issued by the company, which should be deducted from the corresponding regulatory capital. Financial asset investment companies should deduct the capital investment in affiliated institutions from the capital at all levels when calculating the capital adequacy ratio without consolidation.

Corresponding deduction refers to a one-time full deduction from the corresponding capital of the financial asset investment company. If the net capital of a financial asset investment company at a certain level is less than the amount to be deducted, the gap shall be deducted from the net capital at a higher level.

Article 21　The small minority capital investment made by a financial asset investment company to financial institutions that are not included in the scope of capital supervision, which exceeds 30% of the company’s core tier-one net capital, shall be deducted from the supervision capital at all levels.

Small minority capital investment refers to the capital investment (including direct and indirect investment) of a financial asset investment company to all levels of financial institutions, which accounts for less than 10% (excluding) of the paid-in capital (common stock plus common stock premium) of the invested financial institution, and can be excluded from the scope of capital supervision according to the provisions of Section 5 of this chapter.

Article 22　Among the large minority capital investments made by financial asset investment companies to financial institutions that are not included in the scope of capital supervision, the part where the total core tier-one capital investment exceeds 30% of the company’s net core tier-one capital shall be deducted from the company’s core tier-one capital; Other tier-1 capital investments and tier-2 capital investments shall be fully deducted from the corresponding level of capital.

Large minority capital investment refers to the capital investment (including direct and indirect investment) made by a financial asset investment company to all levels of financial institutions, which accounts for more than 10% (inclusive) of the paid-in capital (common stock plus common stock premium) of the invested financial institution, and may not be included in the scope of capital supervision according to the provisions of Section 5 of this chapter.

Article 23　Except for the net deferred income tax assets specified in Article 19 of these Measures, other net deferred income tax assets that depend on the company’s future earnings, which exceed 10% of the company’s net core tier 1 capital, shall be deducted from the core tier 1 capital.

Article 24　According to the provisions of Article 22 and Article 23 of these Measures, the total amount of large minority capital investment in financial institutions and the corresponding net deferred income tax assets not deducted from the core tier 1 capital of a financial asset investment company shall not exceed 35% of the company’s net core tier 1 capital.

Section 3 Measurement of Risk-weighted Assets

Article 25　Financial asset investment companies use the weight method to measure credit risk-weighted assets.

Article 26　When measuring the risk-weighted assets of various on-balance-sheet assets, a financial asset investment company should first deduct the corresponding impairment reserve from the book value of the assets, and then multiply it by the risk weight.

A financial asset investment company shall measure the credit risk-weighted assets of various on-balance-sheet assets in accordance with the provisions of Annex 1 to these Measures.

Article 27　When a financial asset investment company uses the weighting method to measure credit risk-weighted assets, it may consider the risk mitigation effect of the risk mitigation clause in accordance with the provisions in Annex 1 of these Measures, and the calculation method is as follows:

Credit risk weighted assets = (book value of assets-impairment reserve-book value of risk mitigation tools) × risk weight of assets+book value of risk mitigation tools× risk weight of risk mitigation tools.

Article 28　Financial asset investment companies should adopt the standard method to measure the market risk capital requirements.

Article 29　A financial asset investment company shall formulate clear criteria for the division of trading books and bank books, specify the positions of financial instruments included in trading books and the conditions for transfer between trading books and bank books, and ensure the consistency of implementation.

Article 30　The market risk-weighted assets of financial asset investment companies are 12.5 times of the market risk capital requirements, that is, market risk-weighted assets = market risk capital requirements ×12.5.

Article 31　A financial asset investment company shall separately measure the capital requirements of various asset market risks in accordance with the provisions of Annex 2 to these Measures.

Article 32　Financial asset investment companies should adopt the basic index method to measure the operational risk capital requirements.

Article 33　The operational risk-weighted assets of financial asset investment companies are 12.5 times of the operational risk capital requirements, that is, operational risk-weighted assets = operational risk capital requirements ×12.5.

Article 34　A financial asset investment company shall measure the operational risk capital requirements based on the average total income in the last three years.

Total income shall be confirmed in accordance with the provisions of Annex 3 of these Measures, including investment income, net fee and commission income, net interest income, net income from disposal of non-performing assets and other income.

Operational risk capital shall be measured according to the following formula:

Among them:

KBIAIt is the operational risk capital requirement measured by the basic index method;

GI is the positive total income in each of the past three years;

N is the number of years with positive total income in the past three years;

α is 15%.

Article 35　Financial asset investment companies should measure the risk capital requirements of asset management business.

Article 36　The risk-weighted assets of the asset management business of a financial asset investment company are 12.5 times the risk capital requirement of the asset management business, that is, the risk-weighted assets of the asset management business = the risk capital requirement of the asset management business ×12.5.

Article 37　A financial asset investment company shall measure the risk capital requirements of asset management business in accordance with the provisions of Annex 4 of these Measures.

Article 38　A financial asset investment company shall carefully judge the risk situation faced by its asset management business and ensure that the capital can cover the risk of asset management business.

Section 4 Calculation of Leverage Ratio and Regulatory Requirements

Article 39　The formula for calculating the leverage ratio of a financial asset investment company is:

Leverage ratio = net Tier 1 capital/(adjusted balance of on-balance-sheet assets+balance of off-balance-sheet items) ×100%

Article 40　The adjusted balance of on-balance-sheet assets is the balance of on-balance-sheet assets after deducting Tier 1 capital deduction from the total assets in the table.

Article 41　Off-balance sheet items do not include asset management business. The balance of off-balance-sheet items is the risk exposure calculated by the off-balance-sheet business of financial asset investment companies according to the corresponding credit conversion coefficient, and the credit conversion coefficient of various off-balance-sheet items shall be implemented in accordance with Annex 5 of these Measures.

Article 42　The leverage ratio of a financial asset investment company shall not be less than 6%.

Section 5 Calculation Scope of Consolidated Capital Supervision Indicators

Article 43　The calculation scope of consolidated capital supervision indicators shall include financial asset investment companies and institutions that directly or indirectly invest in them in accordance with the provisions of these Measures.

Article 44　A financial asset investment company shall follow the principle of "substance is more important than form", take control as the basis, and take into account the risk correlation, and include the invested institutions that meet one of the following conditions into the consolidated calculation scope:

(1) The investee directly owned by the financial asset investment company or its affiliated institutions, or jointly owned by the financial asset investment company and its affiliated institutions with more than 50% of the voting rights.

(2) An investee whose financial asset investment company has less than 50% of the voting rights, but is under any of the following circumstances:

1. Having more than 50% of the voting rights of the institution through agreements with other investors;

2. According to the articles of association or agreement, have the right to decide the financial and operating policies of the institution;

3. Have the right to appoint or remove most members of the board of directors of the institution or similar authority;

4. Have a majority of voting rights in the board of directors of the institution or similar authority.

When determining the voting right of the invested institution, we should consider the potential voting factors such as the current convertible corporate bonds and current executable warrants held by the financial asset investment company. The potential voting rights that can be realized in the current period shall be included in the voting rights of the financial asset investment company to the invested institution.

(3) There is other evidence that the invested institution is actually controlled by the financial asset investment company.

Control means that the investor has the power over the investee, enjoys variable returns by participating in the related activities of the investee, and has the ability to influence the amount of returns by using the power over the investee.

Article 45　A financial asset investment company does not have the majority voting rights or control rights of the invested institution, and it shall be included in the calculation range of consolidated capital supervision indicators under any of the following circumstances:

(1) Although the asset size of a single institution accounts for a small proportion of the overall asset size of a financial asset investment company, according to the risk correlation, the overall risk of such institutions is enough to have a significant impact on the financial position and risk level of a financial asset investment company;

(2) The harm and loss caused by the compliance risk and reputation risk of the invested institution are sufficient to have a significant impact on the financial asset investment company.

Article 46　The following invested institutions may not be included in the calculation scope of consolidated capital supervision indicators:

(a) closed or declared bankrupt institutions;

(2) Institutions that have entered liquidation procedures due to termination;

(3) Invested institutions that have evidence to prove that they have decided to sell within three years, and the equity capital of financial asset investment companies or affiliated institutions is more than 50%;

(4) A subsidiary non-financial institution that meets any of the following conditions:

1. The proportion of financial assets in total assets is less than 50% (the scope of financial assets shall conform to the relevant provisions of Accounting Standards for Enterprises No.22-Recognition and Measurement of Financial Instruments);

2. The asset-liability ratio is lower than 70%;

3. It is recognized by China Banking and Insurance Regulatory Commission and its agencies that it has no investment and financing function.

The conditions stipulated in this paragraph are mainly judged according to the arithmetic average of the audited year-end financial statements of the affiliated non-financial institution in the last two years. If it is established less than two years, it can be judged according to the audited financial statements from the date of establishment to the latest period.

Article 47　If a financial asset investment company and its affiliated financial institutions provide long-term repayment guarantee to affiliated non-financial institutions, the non-financial institutions shall be included in the scope of capital supervision; If there is no repayment guarantee or the repayment guarantee can be unconditionally revoked, the financial asset investment company shall handle it according to the principle of prudence. Equity investment through structured entities such as asset management plans and funds should be managed according to the penetrating principle.

Article 48　A financial asset investment company shall strengthen the capital management of its subsidiaries, determine the management requirements for the capital adequacy of its subsidiaries at all levels according to its actual situation, and urge the subsidiaries to continuously meet the capital management and supervision requirements.

Article 49　China Banking and Insurance Regulatory Commission and its dispatched offices have the right to determine and adjust the scope of capital supervision according to the changes in equity structure and risk categories of financial asset investment companies and their investment institutions.

Chapter III Internal Capital Adequacy Assessment Procedures

Article 50　A financial asset investment company shall, in accordance with the regulatory requirements, establish a sound risk management framework and a robust internal capital adequacy assessment procedure, clarify the risk governance structure, carefully assess various risks, capital adequacy levels and capital quality, and formulate capital planning and capital management plans to ensure that capital can fully resist the risks it faces and meet the needs of business development.

Article 51　The board of directors of a financial asset investment company bears the primary responsibility for capital management of the company. The board of directors shall perform the following duties:

(1) Set the risk preference and capital adequacy target suitable for the company’s development strategy and external environment, and examine and approve the internal capital adequacy assessment procedures to ensure that the capital fully covers the major risks.

(2) Examining and approving the company’s capital management system, and ensuring that the capital management policies and control measures are effective.

(3) Examining and approving and supervising the implementation of capital planning. Examine and approve the capital management plan at least once a year, review the capital management report and the internal capital adequacy assessment report, and listen to the audit report on the implementation of the capital management and internal capital adequacy assessment procedures.

(4) Examining and approving the policies, procedures and contents of capital information disclosure, and ensuring the truthfulness, accuracy and completeness of the disclosed information.

(five) to ensure that financial asset investment companies have sufficient resources to independently and effectively carry out capital management.

Article 52　When making a capital plan, a financial asset investment company shall comprehensively consider the results of risk assessment, stress test, future capital demand, capital regulatory requirements and capital availability to ensure that the capital level continuously meets the regulatory requirements. Capital planning should set at least a three-year target of internal capital level.

Article 53　A financial asset investment company shall improve its reporting system, regularly monitor and report the changing trend of the company’s capital level and main influencing factors, and the report shall at least include the following contents:

(1) Assessing the impact of major risks and development trends, strategic objectives and external environment on the capital level;

(2) Assessing whether the capital actually held is sufficient to resist major risks;

(3) Put forward suggestions to ensure that capital can fully cover major risks.

According to the different importance and purpose of the report, a financial asset investment company shall specify the sending scope, contents and details of all kinds of reports, and ensure that the reporting information and frequency meet the needs of the capital management of the financial asset investment company.

A financial asset investment company shall submit a report on capital management and internal capital adequacy assessment to China Banking and Insurance Regulatory Commission within four months after the end of the year.

Chapter IV Supervision and Administration

Article 54　China Banking and Insurance Regulatory Commission and its agencies shall supervise and inspect the capital adequacy of financial asset investment companies to ensure that the capital can fully cover all kinds of risks.

Article 55　China Banking and Insurance Regulatory Commission and its dispatched offices have the right to put forward more prudent additional capital requirements according to the daily supervision and on-site inspection to ensure that the capital fully covers risks, including:

(a) according to the function orientation of a single financial asset investment company, the implementation of development strategy, the operation and development of debt-to-equity swap, etc., the additional capital requirements put forward;

(2) According to the judgment of the risk of a specific asset portfolio and its relevance to the main business, the additional capital requirements for a specific asset portfolio are put forward by adjusting the risk weight and other methods;

(3) According to the fact that a single financial asset investment company has not established an internal capital adequacy assessment procedure, or the internal capital adequacy assessment procedure fails to meet the relevant requirements, combined with the assessment results of the risk situation, the additional capital requirements are put forward for the financial asset investment company;

(4) According to the operational risk management level of a single financial asset investment company and the occurrence of operational risk events, the additional capital requirements for operational risk put forward by the financial asset investment company;

(five) according to the results of supervision and inspection, the additional capital requirements for financial asset investment companies.

Article 56　According to the capital adequacy, China Banking and Insurance Regulatory Commission and its agencies will be divided into three categories of financial asset investment companies:

(1) Class I financial asset investment companies: the capital adequacy ratio, tier 1 capital adequacy ratio and core tier 1 capital adequacy ratio all meet the capital requirements at all levels as stipulated in these Measures.

(2) Type II financial asset investment companies: the capital adequacy ratio, tier 1 capital adequacy ratio and core tier 1 capital adequacy ratio are not lower than the minimum capital requirements and countercyclical capital requirements, but any one of them fails to meet the additional capital requirements.

(3) Category III financial asset investment companies: any one of the capital adequacy ratio, tier 1 capital adequacy ratio and core tier 1 capital adequacy ratio fails to meet the minimum capital requirements and countercyclical capital requirements.

Article 57　For the first type of financial asset investment companies, in order to prevent the rapid decline of their capital adequacy level, China Banking and Insurance Regulatory Commission and its dispatched offices may put forward the following regulatory requirements:

(a) to strengthen the analysis and prediction of the reasons for the decline in the level of capital adequacy;

(2) Formulating a feasible capital adequacy management plan;

(3) Improve risk control capability.

Article 58　For the second kind of financial asset investment companies, in addition to the regulatory measures stipulated in Article 57 of these Measures, China Banking and Insurance Regulatory Commission can also take the following regulatory measures according to law according to different situations:

(1) Prudent talks with the board of directors and senior management of the financial asset investment company.

(2) Issuing supervision opinions, including: problems existing in capital management, corrective measures to be taken, and opinions on meeting the standards within a time limit, etc.

(3) Require financial asset investment companies to formulate feasible capital replenishment plans and plans to meet the standards within a time limit.

(4) Increase the frequency of supervision and inspection on the capital adequacy of financial asset investment companies.

(5) Require financial asset investment companies to take risk mitigation measures in specific risk areas.

Article 59　For the third kind of financial asset investment companies, in addition to the regulatory measures stipulated in Articles 57 and 58 of these Measures, China Banking and Insurance Regulatory Commission can also take the following regulatory measures according to law according to different situations:

(1) Restrict financial asset investment companies from distributing dividends and other income. Dividends and other income include: items that can be used for profit distribution, stock repurchase, independent income from other Tier 1 capital instruments and independent payment to employees.

(2) Restrict financial asset investment companies from offering any form of incentives to directors and senior managers.

(3) Restrict financial asset investment companies from making equity investments or repurchasing capital instruments.

(four) to limit the important capital expenditure of financial asset investment companies.

(5) Require financial asset investment companies to control the growth of risky assets.

When dealing with such financial asset investment companies, China Banking and Insurance Regulatory Commission can also take other necessary measures in consideration of external factors.

Article 60　For financial asset investment companies whose leverage ratio is lower than the minimum regulatory requirements, China Banking and Insurance Regulatory Commission can put forward the following regulatory requirements:

(1) Replenishing Tier 1 capital within a limited period;

(2) Controlling the growth rate of assets on and off the balance sheet;

(3) Reduce the scale of off-balance-sheet assets.

Chapter V Information Disclosure

Article 61　A financial asset investment company shall disclose information related to capital adequacy to investors and the public through open channels to ensure the centralization, accessibility and openness of information disclosure.

Article 62　The frequency of information disclosure of financial asset investment companies is divided into temporary, semi-annual and annual disclosures. Among them, temporary information shall be disclosed in a timely manner, and the semi-annual information disclosure time shall be within the last 60 working days and the annual information disclosure time shall be within four months after the end of the fiscal year. If it cannot be disclosed on time due to special reasons, it shall apply to China Banking and Insurance Regulatory Commission and its dispatched offices for delayed disclosure at least 15 working days in advance.

Article 63　A financial asset investment company shall disclose relevant information at the following frequency:

(1) Changes in paid-in capital or common stock and other capital instruments shall be disclosed in a timely manner.

(2) Important information such as net core tier-one capital, net tier-one capital, net capital, core tier-one capital adequacy ratio, tier-one capital adequacy ratio, capital adequacy ratio and leverage ratio shall be disclosed once every six months.

(3) Relevant important information such as the calculation range of capital adequacy related indicators, total credit risk exposure, total non-performing assets, provision for impairment of credit risk assets, risk exposure balance after slow release of credit risk portfolio, market risk, operational risk, asset management business risk and debt-to-equity swap business risk shall be disclosed once a year.

Article 64　With the consent of China Banking and Insurance Regulatory Commission, the content of information disclosure can be appropriately simplified on the basis of meeting the overall requirements of information disclosure.

Chapter VI Supplementary Provisions

Article 65　China Banking and Insurance Regulatory Commission is responsible for the interpretation of these measures.

Article 66　These Measures shall come into force as of the date of issuance.

Attachment: 1. Assets credit risk weight in the balance sheet and risk mitigation tools for qualified equity investment.

　　　2. Measurement rules of market risk standard method

　　　3. Measurement rules of basic index method of operational risk

　　　4. Risk capital measurement rules for asset management business

　　　5. Credit conversion coefficient of off-balance sheet items

(The above attachment is omitted, please visit the website of China Banking and Insurance Regulatory Commission for details.)

　 　 　 　Cctv news (Reporter Su Jin) On December 12, 2014, the first phase of the Middle Route of South-to-North Water Transfer Project was officially put into use. Up to now, more than 50 billion cubic meters of water has been transferred to the north, which is equivalent to transferring the Yellow River to the north for one year. The population benefited from the project exceeds 85 million.

The tunnel crosses the Yellow River for the first time, and the largest aqueduct in the world … … One project with world-class difficulty runs continuously and safely in Henan, making a clear water meander northward.

　　The Yellow River Crossing Project keeps the river from invading the river.

(Photo courtesy of China South-to-North Water Transfer Project)　　

　　Xingyang City, Zhengzhou City, Henan Province, from the air, the rushing "South Water" meets the Yellow River here, and the Yangtze River water in the north passes through two tunnels crossing the Yellow River and swoops down here, crossing the Yellow River in ancient times. This is the symbolic and controlling project of the middle route of the South-to-North Water Transfer Project-the Yellow River Crossing Project, which is called the "throat" of the middle route of the South-to-North Water Transfer Project. Its main task is to transport water from the south bank of the Yellow River to the north bank of the Yellow River safely and effectively.

　　"This is one of the most challenging parts in the construction of the middle route of the South-to-North Water Transfer Project." Wu Guoquan, director of the Yellow River Crossing Management Office of the Middle Route Company of China South-to-North Water Diversion Group, introduced that at the beginning of the design, two schemes were put in front of us. Some people proposed to fly across the channel, while others suggested to drill holes. "After repeated scientific argumentation and numerous mathematical model calculations, the technical difficulty, water quality safety, ecological protection and other factors were comprehensively considered, and finally the shield tunnel crossing yellow river scheme was selected."

　　The Yellow River Crossing Project is located about 30km upstream of the Beijing-Guangzhou Railway Bridge on the Yellow River in Zhengzhou City, Henan Province, with a total length of 19.30km. The most difficult project is the Yellow River Crossing Tunnel, with a single tunnel length of 4,250 m, of which the river crossing tunnel is 3,450 m long and the inner diameter of the tunnel is 7.0m m. The tunnel is arranged in parallel with two holes, and the center line spacing is 28m.

　　"Under the bed of the Yellow River, long deposits form various complex strata." Wu Guoquan still remembers the difficulties in construction. The shield machine moves forward slowly, and more than 100 cutters on the cutter head rotate and cut. The cutter head is worn, and it will continue to advance after replacement and repair; The geological conditions ahead are changeable, so the plan should be adjusted in time … …

　　A water diversion line is also a "scientific and technological innovation line". The breakthrough of technical problems has broken records: for the first time, a large-diameter tunnel was used to cross the bottom of the Yellow River, for the first time in China, a mud-water pressurized balanced shield machine was used for hydraulic tunnel construction, a 3.45-kilometer Yellow River channel was crossed at one time, and the accuracy error of the shaft reaching the south bank was successfully controlled within 3 cm.

　　According to reports, as of August 30, 2022, the tunnel crossing the Yellow River in the middle line has accumulated 35.75 billion cubic meters of water to the north, greatly alleviating the water shortage in Beijing, Tianjin and Hebei.

　　Shahe aqueduct, the first aqueduct in the world

(Photo courtesy of Shahe Aqueduct China South-to-North Water Transfer Group)

　　Lushan County, Pingdingshan City, Henan Province, Shahe Aqueduct is like a dragon flying across, entrenched in the Central Plains. This "overpass on the water" shocked the reporters of the online theme publicity campaign of the South-to-North Water Transfer Project, "Miracle China Tianhe Dreaming".

　　Shahe aqueduct project, with a total length of 11.9km, is one of the largest and most complicated control projects in the middle route of South-to-North Water Transfer Project, and the largest comprehensive aqueduct project in the world at present.

　　Zhang Peng, director of Lushan Management Office of China South-to-North Water Diversion Group Middle Line Company, introduced that the beam aqueduct of Shahe Aqueduct weighs 1,200 tons, and the integrated construction scheme of "lifting, transporting and erecting" was adopted to efficiently complete the project construction, which filled the technical gap in the design and construction of large-flow aqueduct in water conservancy industry at home and abroad.

　　Armed police officers and soldiers left a message on the blackboard in the classroom of Shilou Central Primary School.

　　In Shilou Middle School, the workers are repaving the plastic playground.

　　The staff of Shilou Middle School decorated the classroom before the start of school.

　　People’s Liberation Army (PLA) and Armed Police (CAPF) who left their expectations and entrustment on the school blackboard after the flood fighting and disaster relief, principals who "cut the wall" to help the affected villagers out of danger in times of crisis, and construction workers who still stick to the campus to help restore and rebuild in the new semester … …

　　In the past few days, the disaster-stricken schools in Mentougou and Fangshan District have carefully planned various forms of "the first lesson of starting school" on the basis of ensuring that "no one can be less", and skillfully incorporated the touching stories and experiences in the flood into the "first lesson" so that the teachers and students of the school can always remember these "most lovely people".

　　The "first lesson" of the disaster-stricken school conveys the entrustment and expectation of the People’s Liberation Army

　　"Young strong, China is strong. I hope that you will live up to your youth, make a difference and be a pillar of the motherland. " In the classroom blackboard of Qingshui School in Mentougou District, there is still a message left by the uncle of the People’s Liberation Army of China, who used to fight floods and provide disaster relief here. In the middle of the blackboard, there is a chalk picture of the People’s Liberation Army holding the national flag, and on both sides, it says, "We are willing to guard the prosperous China with our youth". It is understood that at the beginning of August, a certain unit of the People’s Liberation Army was ordered to go to Qingshui Town to support local flood fighting and disaster relief, and help the territory to carry out emergency rescue, material transportation, road rushing, dredging and clearing obstacles. As they are temporarily stationed in Shimizu School, the officers and men of the Armed Police live in the students’ classrooms. In mid-August, when the rescue mission was evacuated, the uncle of the People’s Liberation Army left a warm message for the students on the blackboard. Wang Hui, president of Qingshui School in Mentougou District, told Beijing Youth Daily that the teachers of the school will tell the students the story of the People’s Liberation Army’s flood fighting in the "first lesson" and convey the entrustment and expectation of the uncle of the People’s Liberation Army.

　　During the post-disaster restoration of Shilou Central Primary School in Fangshan District, the mud on the playground was dirty, thick and heavy. The officers and men of the Armed Police stepped forward and took the initiative to send a dredging team of more than 200 people. It took only one afternoon to completely clean up the mud and provide a clean and tidy sports ground for teachers and students. Before leaving school, they gave the school an unexpected surprise and left a precious gift: in every classroom, the soldiers drew a beautiful blackboard newspaper for the teachers and students, which read, "Move at the news of the flood, be fearless and retrograde", "The flood is merciless, there is love on earth", "The people are supreme, and the military and civilians are deeply in love" … …

　　At the same time, in order to let the children feel the military life personally, they left the children with compressed biscuits, instant meals in the field and other foods. In their letters to the children, they wrote: "Thanks to the rising sun of the motherland. During our mission, you gave us a warm home. Whether we are practicing martial arts and strengthening the army or studying and making progress, our tasks are different, but we all have the goal of devoting all our strength to the future socialist construction. You study with peace of mind, and we hold steel guns to protect you. "

　　The officers and men of the armed police also left a letter to the teacher in the office where they lived. The letter wrote: "Soldiers, guarding their homeland, are lovely; Teachers, cultivate the pillars of the country, respectable; Different positions and equal responsibilities. " Jiang Fuying, president of Shilou Central School, said, "These exquisite blackboard newspapers and letters will become children ‘ The first lesson ’ The best educational material. "

　　The "hero" of flood fighting and disaster relief went to school to tell personal stories.

　　At the beginning of the new semester this year, schools in Fangshan District have carefully designed the opening ceremony with the theme of "forge ahead with one heart and one mind", combined with the characteristics of the school period and the actual situation of the school, with "inspiration, gratitude and feeling" as the emotional main line. Through the opening speech of the party secretary and principal, the Blue Sky Rescue Team, armed police officers and soldiers, fire fighters, community cadres, parents’ representatives and other groups involved in the rescue are invited to tell advanced stories and touching stories. In addition to inviting officers and men of the armed police, Shilou Central Primary School also invited firefighters and staff of China Railway Jingxiong Project Department who had helped the school with dredging work to return to the school and tell their stories to the students. At the same time, the principal of the school will restore the school’s restoration work around the theme of "gratitude" in his speech, so that students can appreciate China’s great love spirit of "one party is in trouble and all parties support him" and pass it on.

　　The "First Class" of Xiayunling Central Primary School in Fangshan District issued a "Praise Sign-in Form" for each student, so that the students could go to the campus to find more than 150 staff and teachers of Beijing Construction Engineering Machinery Group who were helping the school to rebuild, and listen to their stories about what they saw and heard about the flood and the post-disaster reconstruction. "We want to invite every child to participate in the opening ceremony instead of attending it, so that the children can guess what we have experienced during the campus restoration, and let the children know the story behind every ordinary hero through interviews." The headmaster of Xiayunling Central Primary School said that the form of "Praise Sign-in Form" contains questions such as "expressing your feelings in six words" and "praising words you want to say", and at the same time, students will be asked to find the corresponding person according to the tips in the form, communicate with them and ask them to sign their names. The reporter of Beiqing Daily saw that there were "those who wore black leather shoes", "those who were 20 years older than me", "those with single eyelids", "those I admired" and "the most serious" in the sign-in form. "This is also for children to communicate socially in an open space.Stimulate children’s initiative and accumulate successful experience of individual socialization. "The headmaster of the school said.

　　Chang Zhangchang, the principal of Datai Central Primary School, served as a guide for the armed police during the flood season, just to see the children safe; Gao Lianchao, the headmaster of Wang Ping Middle School, "cut the wall" to save people, making the school a "safe island" in times of crisis; Ma Huan, the headmaster of Miaofengshan National School who just finished the operation, is on duty 24 hours a day, and has resettled more than 270 villagers affected by the disaster nearby … … During the flood fighting and disaster relief, many touching stories have emerged among the educators in Mentougou District, which will become an important resource for the "first lesson" and even the future teaching. "Disaster suddenly came, I didn’t consider anything! The safety of people’s lives and property is the first. This is my responsibility and mission. " Gao Lianchao, president of Wang Ping Middle School, told the reporter of Beiqing Daily that on the morning of July 31, the flood did not reach the school gate, and the water depth was waist-deep. The affected villagers across the road could not enter the school to take refuge. Gao Lianchao took the initiative to borrow a machine, cut a big hole in the west wall of the school, cut off the protective barbed wire, led the teachers and village cadres, took the villagers to the west wall with less water potential, and transported 87 villagers to the school through the cut hole for more than 20 trips, and temporarily arranged them in the student dormitory. Now, the cut wall has been restored, but the disaster relief story of President Gao Lianchao will remain in the hearts of every student and faculty of the school in the "first lesson" this year.

　　"At that time, there was only one thought in my heart, that is, I had to see with my own eyes 80 families in the Qianjuntai community farthest from Datai Street, as well as the students and staff there, and know that they were safe." Chang Zhangzhang, the 60-year-old principal of Datai Central Primary School, walked for more than five hours with 20 kilograms of materials on his back on August 6, and led a team of officers and men of the armed police to deliver materials to Qianjuntai Community, while looking for the lost students and faculty of Qianjuntai Primary School under his jurisdiction. After the disaster was stable, he quickly devoted himself to the post-disaster reconstruction of the school. In the new semester, Datai Central Primary School will be relocated to Wang Ping Central Primary School. The story of President Chang Zhangzhang will also serve as the "first lesson" for students at the new school site, inspiring the teachers and students of the two schools.

　　Touching stories in flood fighting and disaster relief have become unique educational and teaching resources.

　　The reporter of Beiqing Daily learned from the Mentougou District Education Committee that this year’s "First Class" is very special and will be presented in the form of situational psychological class meeting. The head teachers of each school will combine the psychological characteristics of students in different classes and the actual situation of the school, and under the guidance of psychological researchers and psychological teachers in Mentougou District, make good use of the special educational and teaching resources of floods and flood fighting stories to carefully design a unique, intelligent class meeting activity that reflects psychological health counseling.

　　Schools in Mentougou District will also enable teachers and students to turn floods and disasters into special educational and teaching resources through interdisciplinary project-based learning. Teachers of mathematics, Chinese, physics, chemistry, biology, geography, politics, fine arts and other disciplines are eager to try, and decided to combine the flood with the knowledge in books to educate and guide students to feel, understand and interpret the disaster from a scientific perspective. The teaching department of Dayu No.2 Primary School, combined with the actual situation, guides teachers to carry out "colorful promenade — — Warm heart, accompany happy growth, improve campus protection, build campus safety island, and how to make rainwater safe to drink. After the start of school, the teachers of the three research groups will lead students out of the classroom to participate in the reconstruction of their homes, and guide students to improve their comprehensive quality and social responsibility in project-based practical learning.

　　Around the theme of "Rebuilding a Beautiful Home", the kindergarten affiliated to Sanjiadian Primary School organizes all classes to study and design the "First Class" with the characteristics of children’s age as the core, focusing on flood fighting and disaster relief, psychological counseling and post-disaster reconstruction, focusing on the education of emotional communication and love, managing emotions, sharing people who helped us in disasters, and building a beautiful home together, so as to make the grades focused and the classes themed. The "Praise Sign-in Form" at the opening ceremony of Xiayunling Central Primary School in Fangshan District will also be combined with the school’s teaching curriculum after the school starts, and the relevant contents of floods will be integrated into daily teaching.

　　In addition, Mentougou District will also implement the "Safe Island" plan to upgrade and transform the school into an emergency shelter center in its community, which has the functions of refuge for victims, airdrop of materials, medical rescue, disaster relief command, and the stationing of rescue troops. Mentougou District Education Committee said that at present, the plan is being applied for expert demonstration, and plans to declare the experimental area for the construction of emergency shelters in schools.

　　Text/reporter Pu Changting Ye Wei Photography/reporter Cui Jun

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　　The teachers and students of the two schools will jointly perform the school drama of fighting floods.

　　School starts on September 1st, and Xiacun Middle School in Fangshan District, which was severely damaged and could not start at the original site, will be merged with Shilou Middle School. What is the preparation for the merger? What "cooperation" will the two schools have in the new semester? Recently, a reporter from Beijing Youth Daily visited Shilou Middle School.

　　In front of the teaching building, several workers are repairing the floor tiles. Into the teaching building, from time to time there are workers carrying decoration tools to walk back and forth. In the classroom, desks and chairs have been placed, and staff are cleaning the floor and pasting tips; The teacher drew a welcome print on the blackboard … … In order to welcome 87 students from Xiacun Middle School, Shilou Middle School rearranged 16 classrooms. The original wall was painted white, and the slightly damaged prompt board was replaced with a new one.

　　"We hope that the school will also have a new atmosphere. There are many new prompts in the classroom, which represent our expectations for students." Guo Hongsheng, the principal of Shilou Middle School, told the reporter of Beiqing Daily that in the face of the upcoming new semester, the school has carefully prepared the "first lesson of school" with the theme of "empathy and common growth". According to Guo Hongsheng, "empathy" means that students can experience the love and support of the people from all walks of life through flood fighting and disaster relief, so that students can understand the emotion of "one side is in trouble and all sides support". "Common sense" means that without the leadership of the Communist Party of China (CPC) and the strong support of local governments, the disaster would be hard to pass. "We told the students about the support of the government and all sectors of society for the disaster relief people and let them feel how good our society is now." Guo Hongsheng said. "Growing together" means that the teachers and students of the two schools will grow together and develop together through merger.

　　It is reported that in order to boost students’ morale, Shilou Middle School will perform a traditional school project — — Play "Man Jiang Hong" with drums. "We also arranged a campus drama, which was jointly performed by students from Shilou Middle School and the former Xiacun Middle School, showing three parts: flood control, resettlement sites and future life." Guo Hongsheng said that the school drama will also be performed at the opening ceremony.

　　It is worth mentioning that, because Xiacun Middle School is about 10 kilometers away from Shilou Middle School, in order to facilitate students from the former Xiacun Middle School to go to and from school, the school has rebuilt 22 6-person dormitories to meet the accommodation problems of students from Xiacun and surrounding villages in the next few years. At the same time, the school also plans to equip four boarding teachers, two men and two women, to ensure the safety of students’ evening self-study and accommodation. "Our canteen has been renovated and will provide a better environment for more students to eat. The floor, wall and roof of the dormitory are being renovated, and air conditioners will be installed and new beds and bedding will be purchased, including washbasins, toothbrushes and towels. We will provide them for the children. " Guo Hongsheng said that after the renovation of the dormitory, it is necessary to wait for the environmental inspection to pass before moving in. Therefore, the school also communicated with the District Transportation Committee and the bus group to arrange a special shuttle bus before moving in the dormitory to ensure the commuting safety of students.

　　Cai Yali, the former director of moral education in Xiacun Middle School, told the reporter of Beiqing Daily that after the merger of the two schools was confirmed, the teacher had explained the relevant situation to the students and parents in advance by telephone and home visits, and asked for your opinions. "Some students are brought by the elderly on weekdays. When the elderly hear that students can stay in the future, they all say ‘ That’s great ’ 。” Cai Yali told the reporter of Beiqing Daily that if students choose accommodation, the school will take care of meals, self-study at night and accommodation, and life and rest will be regular. "Many students and parents are still looking forward to it." Text/reporter Pu Changting Ye Wei

Topic: 16th National Congress of China Communist Youth League.

　　On the afternoon of June 11th, a report on the heroic deeds of the 16th Communist Youth League’s earthquake relief was held in the Great Hall of the People. Six heroic models and one representative of the grassroots league cadres of the heroic deeds report group on earthquake relief organized by Publicity Department of the Communist Party of China, the Central Organization Department, the General Political Department of the People’s Liberation Army and the Sichuan Provincial Committee of the Communist Party of China reported to all the representatives of the 16th Communist Youth League.

　　The delegates said that they were deeply moved and infected after listening to the report on the advanced deeds of young heroes in earthquake relief. While being baptized by their souls and sublimated, they were determined to follow the example of young heroes, actively participate in the earthquake relief struggle and contribute their youth. The following is Li Changxiu, secretary of the directly under the authority Youth League Committee of the National Development and Reform Commission.

　　The two-hour report meeting ended in a blink of an eye, and I was deeply moved by the deeds of the disaster-resistant warriors. Their heroic earthquake relief actions have shown the world that our government, army and people are United as one, United as one, indomitable, and concentrated on the glory of the traditional virtues of the Chinese nation, which moved the whole world and made all Chinese sons and daughters proud! I will take these advanced figures and typical deeds as examples with the broad masses of young cadres of the National Development and Reform Commission, carry forward the spirit of not being afraid of fatigue and fighting continuously, do a solid job in emergency coordination and support, and further play the role of a new force and commando in earthquake relief. I feel that my post is also a battlefield for earthquake relief. Together with the youth members of the National Development and Reform Commission, I will learn and carry forward the lofty spirit of heroes who are fearless, resourceful and brave, and the people’s interests are above all else. I will dare to overcome difficulties, do my duty, be the new force and commando of development and reform, and support the reconstruction of disaster areas with practical actions to serve the motherland.

Editor: Li Erqing

　　CCTV News:according toChina Federation of Logistics and Purchasing website news,The China warehousing index jointly investigated by China Federation of Logistics and Purchasing and China Storage Development Co., Ltd. was 53.5% in September, 2023, up 1.5 percentage points from last month, and remained in the expansion range for eight consecutive months. The increase this month was obvious and reached the high point in the last five months, indicating that the warehousing industry maintained a relatively rapid development level. New orders, business volume, facility utilization rate, business profit, ending inventory, business activity expectation and other indexes have all rebounded, indicating that the demand for warehousing business has increased well, the profitability of enterprises has improved, the enthusiasm for replenishing warehouses has increased, and the expectations for the future are more optimistic. Specifically, this month’s index has the following characteristics:

　　Business demand grew well and the utilization rate of facilities improved significantly.In September, the business volume index was 56.2%, up 3.7 percentage points from the previous month, reaching a high point in the past five months; The new order index was 55.2%, up 1.5 percentage points from last month; The facility utilization index was 56.2%, up 5.3 percentage points from last month, reaching a high point in the past seven months. The three indexes reflecting the business demand are all at a high level in the expansion range, indicating that the warehousing market is running well and the business demand is showing an obvious growth trend. In terms of varieties, affected by the approaching Mid-Autumn Festival and National Day holiday, residents’ willingness to shop has increased, and the business volume of consumer goods and the utilization rate of facilities have greatly improved, especially food, clothing, textiles and daily necessities. Due to the arrival of the peak construction season for bulk commodities, the business volume of steel, building materials, machinery and equipment has also picked up significantly compared with the previous period.

　　Business profits rebounded and business conditions improved.In September, the charge price index was 50.6%, although it dropped by 0.6 percentage point from last month, but it was still in the expansion range, indicating that the charge price of warehousing business continued to increase slightly; The business profit index was 51.9%, up 2.2 percentage points from last month, and returned to the expansion range, indicating that the growth of business demand and charging price has strengthened the supporting role of profits, and the business situation of enterprises has improved to some extent.

　　Turnover remained efficient and inventory levels rebounded.In September, the average inventory turnover index was 53.8%, which was 0.5 percentage points lower than that of last month, but it still maintained a high level of prosperity in the expansion zone, indicating that the commodity turnover efficiency continued to improve and the upstream and downstream of the supply chain were smoothly connected. The ending inventory index was 54.2%, up 3.9 percentage points from the previous month, indicating that the commodity inventory level increased significantly. The holiday season is approaching, which stimulates the rapid growth of consumer demand, and the commodity market is also picking up during the peak season. The enthusiasm of enterprises for stocking has been greatly improved, and the overall inventory has been significantly improved compared with the previous low level.

　　Judging from the quarterly average value of the warehousing index, the overall trend in the first three quarters was on the rise, with the average value reaching 52.6% in the third quarter, and the recovery rate at the end of the quarter was accelerated, and the industry continued to develop well. In the fourth quarter, as the economy maintained a stable recovery trend, both supply and demand rebounded, and the effects of various policies were further manifested. In addition, the warehousing industry is expected to continue to maintain a good development trend.

　　Zhongxin. com, Guangzhou, June 6 (Fang Weibin, Jiang Xiaobo, Wang Xisong) Guangdong Marine Police Bureau reported on the 6 th that recently, it seized a batch of suspected smuggled frozen products in the waters of Zhanjiang Port, Guangdong Province, seized an iron-clad transport ship on the spot, and arrested three suspects. The frozen products were about 485 tons, and the case value was about 40 million yuan.

　　According to the report, at 0: 20 on May 30, the Guangdong Marine Police received a report from the masses that there were smuggling activities in the waters near Zhanjiang Port in Zhanjiang City. The bureau immediately assigned the law enforcement boat of Zhanjiang Marine Police Bureau of Guangdong Province to the target sea area for investigation.

　　At about 1 o’clock, the law enforcement boat arrived at the target sea area. After searching the sea, it was found that a ship was very suspicious. Law enforcement officers quickly locked the suspected ship, shouted a warning to it and stopped the ship for inspection. However, the suspected ship refused to cooperate with the inspection in an attempt to speed up the escape. Law enforcement officers immediately pursued it and intercepted the suspected ship in the waters off Zhanjiang Seaside Shipyard, and controlled three suspects on the spot.

　　After investigation, it was found that the suspected ship was an iron transport ship, with a cargo hold behind the bridge. The cargo hold was filled with white and black plastic woven bags, which contained about 485 tons of frozen products such as beef, brisket, tripe, beef tendon and donkey offal of unknown origin, with a case value of about 40 million yuan. The crew on board failed to provide proof of the relevant legal origin of the goods loaded on board, and law enforcement officers detained the ship and frozen products according to law.

　　At present, the case is under further investigation.

　　"I can’t do it, teacher. I retracted it several times when I jumped off the building." On October 30th, a 10-year-old boy named Jun Jun (pseudonym) from a class in Grade Five of Chengdu Normal Primary School in Sichuan Province left this last word in a Chinese textbook and jumped from a 30-story building. Before the incident, the Chinese teacher criticized him for not obeying the discipline of the venue. This tragedy brought pain to everyone. Yesterday morning, the Chinese teacher fainted after seeing the child’s body. "

　　Delayed waiting for the child not to come home

　　On October 30th, a 10-year-old boy from a class of Grade 5 in Chengdu Normal Primary School in Sichuan jumped from a 30-storey building. The crying of the military father and the introduction of the incident by the school roughly outline the process of the incident.

　　At noon on October 30th, the school held a recitation contest in the amphitheatre. When the class of Junjun was watching the competition of other classes, Junjun and several other students didn’t abide by the discipline of the venue. After the competition, the students returned to their classes for normal classes. After school at 4: 40 p.m., Mr. Chen, the class teacher, sent several unruly children to the office to educate them and asked them to go home and reflect in writing. At about 5: 20 pm, the teacher sent these children to the stairs, and the army left school with these students. Then the class teacher got in touch with the parents of the army.

　　The teacher called Ms. Wen, the stepmother of the army. According to Mr. Li, the father of the army, the teacher said that the army did not abide by discipline, hoping to talk to parents about the children and also mentioned that the children should write the examination. But parents didn’t wait for the army. After parents couldn’t wait for their children, they went downstairs and found a man lying in a pool of blood, which was the army.

　　The teacher once asked the writing to be checked.

　　"If only I had gone home, this wouldn’t have happened." Mr. Li, the father of Junjun, couldn’t help crying on the phone. He told the reporter of Beiqing Daily that his home was on the fifth floor, but the army took the elevator directly to the 30th floor. "I can’t do it, teacher. I retracted it several times when I jumped off the building." This last word written in the Chinese textbook may reflect the child’s inner struggle and fear.

　　"The teacher has admitted that he said that he would write a 1,000-word examination," Mr. Li said. The Chinese teacher asked the children to write a 1,000-word examination or made them stand for an hour. There is another unconfirmed statement that the teacher once said that he would "jump off the building if he could not write 1,000 words".

　　In addition to introducing the incident, the school also said, "We are very sad to get the news that the army fell to the building and died. All the teachers and students are in grief. We feel the fragility of life and call on all sectors of society to give more care and love to the healthy growth of minors. "

　　According to reports, at 6 o’clock in the evening, the class teacher received a call from the military mother, saying that the child had an accident and immediately rushed to the incident site and immediately reported it to the school. The school called the police at the first time, and set up a corresponding working group to deal with the aftermath, and reported to the relevant departments at the higher level.

　　The father of Junjun told the reporter of Beiqing Daily that at 9 o’clock in the morning yesterday, Mr. Chen, the Chinese teacher of Junjun, came to the funeral home to see Junjun, along with her family, the Education Bureau and the school staff. Teacher Chen cried a few times after seeing the body, and then fainted. "I stayed here for a few minutes, and I didn’t say anything to our families during this period." Jun Jun’s father said. The headmaster of the school told them that if the school has the responsibility, it will definitely bear it, and let them communicate with the school at any time. What did Mr. Chen say before the incident? The police are investigating. "A conclusion may be drawn next week."

　　conversation

　　Boy’s father: Children were seldom criticized in the class before.

　　Beiqing Daily: Before the military accident, did parents find his abnormal performance?

　　Junjun Dad: No. This child is still excellent, and he was rarely criticized in the class before. If I had been criticized often before, it would be great and I might have been able to bear it.

　　Beiqing Daily: Is it rarely criticized at home?

　　Military dad: We made some agreements with him. If he made a mistake, he would punish himself after admitting his mistake, for example, doing 20 or 30 squats. Generally, he would laugh when he finished squatting. He will criticize and educate him at ordinary times and reason with him. He is a very sensible child. Let him bear it, not suppress it.

　　Beiqing Daily: What did the students of the army say?

　　Junjun Dad: The children are in class together, and now something has happened. The whole class is very sad, fearing that the children will not have a positive understanding. What I learned from other parents is that I criticized it more than once that day, but many times.

　　The teacher asked me to write a 1000-word check.

　　Beiqing Daily: The teacher said to write a 1000-word check?

　　Military dad: The teacher admitted that let the children write 1000 words for inspection or stand for one hour. Today (November 1) afternoon at the school gate, a child in their class said that the teacher said he would jump off the building if he couldn’t write 1000 words. But we are not the parties, and there is no way to prove it.

　　The army didn’t go home after leaving school.

　　Beiqing Daily: Did the army go home alone after leaving school?

　　Junjun Dad: He never came home. If only he had, this would not have happened. We lived on the fifth floor, and he took the elevator directly to the 30th floor. There is a window more than 1 meter high on the 30th floor, and it is very difficult to climb it, and it is also very difficult to climb it and then jump. The children wrote it themselves, and they all shrank back several times, and finally chose this way.

　　Beiqing Daily: Did you see the words written by the children?

　　Junjun Dad: Those words were written by children, and the police evidence collection is completely consistent with the child’s handwriting.

　　The teacher of the child went to the funeral parlour yesterday.

　　Beiqing Daily: Did the Chinese teacher go to see the children?

　　Junjun Dad: I went at 9: 00 this morning (November 1st). The Education Bureau, the school and her family went to the funeral home with her. She fainted when she saw the child cry a few times and didn’t tell us anything.

　　Beiqing Daily: Parents give special hope to their children when they are in Weibo?

　　Junjun Dad: No, you can verify this. My request to him is to let nature take its course and be happy. There is no pressure on the child himself, and his grades are good. He is not stressed because of poor grades.

　　Beiqing Daily: Is the child’s personality lively or quiet?

　　Junjun Dad: More lively. It is because it is more lively that it is always unstable in the collective. That’s what the teacher called us at 5 o’clock in the afternoon, saying that the child could not stand in the team. Do you think if he is a quiet child, he will be unstable?

　　Beiqing Daily: What does it mean to communicate with parents?

　　Junjun Dad: It is said that children are a little untenable in the queue. I hope everyone can talk to the children about this together.

　　Recently, General Secretary of the Supreme Leader clearly put forward the task of "building philosophy and social sciences with China characteristics" at the symposium on philosophy and social sciences, and pointed out that it is necessary to "fully embody China characteristics, China style and China style in guiding ideology, discipline system, academic system and discourse system".

　　Academic self-confidence is the foundation, ability and future prospect of the discipline system, academic system and discourse system. It is also the foundation of the construction of philosophy and social sciences with China characteristics, which is of great significance to play the role of philosophy and social sciences.

　　Why academic self-confidence is necessary?

　　Academic self-confidence is the key to construct discipline system, academic system and discourse system. The academic system mainly undertakes the tasks of concept generation, knowledge innovation and theoretical construction; The academic system is the support of the discipline system. Without the academic system, the discipline system will be empty; Discourse system is the presentation and expression of academic system. Without academic system as its connotation, discourse system can only be formal. Among the discipline system, the academic system and the discourse system, the academic system is the core, which is very important for the construction of philosophy and social sciences with China characteristics.

　　Academic self-confidence is the spiritual force to promote the development of philosophy and social sciences in China. Establishing academic self-confidence will help China’s academic circles to reach a consensus, follow the development path of "basing on China, learning from foreign countries, excavating history, grasping the present, caring for mankind and facing the future", and build a philosophy and social science with China characteristics. At the same time, enhancing academic self-confidence, explaining China’s experience to the international community, contributing China’s wisdom, and enhancing China’s academic influence are important contents to enhance the country’s cultural soft power.

　　Academic self-confidence is conducive to correcting academic foreign worship psychology. Since the reform and opening-up, with the introduction of western academic ideas and the extension of academic exchanges with foreign countries, a kind of foreign worship psychology has spread in China academic circles. Some scholars simply judge the reality of China by western concepts, categories and theories, or use China’s experience to prove the "universality" of western concepts, categories and theories. This phenomenon of blindly worshipping western theories and giving up the initiative of academic discourse is a manifestation of the current lack of self-confidence in China academic circles. To correct and overcome this erroneous psychology, we need to strengthen the self-confidence of China academic circles, know the truth, test the truth and develop the truth in practice.

　　How is academic self-confidence possible?

　　The establishment of the guiding position of Marxism. The establishment of the guiding position of Marxism in the field of philosophy and social sciences in China has led the development direction of philosophy and social sciences in China. General Secretary of the Supreme Leader pointed out that adhering to the guidance of Marxism is the fundamental symbol that distinguishes contemporary China’s philosophy and social sciences from other philosophy and social sciences, and it must be adhered to with a clear-cut stand. The standpoint, viewpoint and method revealed by Marxism require us to always adhere to the people-centered research orientation, respect the people’s dominant position, focus on people’s practical creation, study and solve the major problems facing today’s philosophy and social sciences, and consciously link personal academic pursuit with the development of the country and the nation. Only in this way can we give full play to the knowledge transformation and ideological leading role of philosophy and social sciences with China characteristics, and show the theoretical charm and contemporary value of Marxism.

　　The profound cultural tradition of the Chinese nation. Chinese culture, which has lasted for thousands of years, is the deep foundation for the growth and development of philosophy and social sciences with China characteristics; Chinese excellent traditional culture is a very precious and rare resource for the development of philosophy and social sciences with China characteristics. Chinese culture has a profound cultural tradition and has formed a distinctive ideological system, which embodies Chinese’s accumulated knowledge, wisdom and rational speculation for thousands of years. The construction of philosophy and social sciences with China characteristics should draw beneficial nutrients from it, promote the creative transformation and innovative development of Chinese civilization, activate its vitality, and embody the inheritance and national characteristics of philosophy and social sciences with China characteristics.

　　Socialism with Chinese characteristics’s rich practice. Socialism with Chinese characteristics’s rich practice provides opportunities and conditions for China’s academic construction. As the General Secretary of the Supreme Leader emphasized when he presided over the 28th collective study in the Political Bureau of the Communist Party of China (CPC) Central Committee, "We should base ourselves on China’s national conditions and development practice, reveal new features and laws, refine and summarize the regular achievements of China’s economic development practice, and upgrade practical experience into a systematic economic theory." China’s rich experience accumulated in the practice of reform and opening up for more than 30 years urgently needs to be summarized and sublimated; Many problems faced by contemporary China’s economic and social development need to be answered and explained urgently. We should refine and summarize the regular achievements of China’s economic development practice with high academic self-confidence, promote the development of China’s philosophy and social sciences and enrich Socialism with Chinese characteristics’s great practice in the interaction between theory and practice.

　　How to generate academic self-confidence

　　Based on China’s reality, this paper puts forward a subjective and original academic viewpoint. The General Secretary of the Supreme Leader pointed out: "The characteristics, style and style of philosophy and social sciences are the products of a certain stage of development, the symbol of maturity, the symbol of strength and the embodiment of self-confidence." The formation of academic self-confidence should break away from the academic worship of foreign countries and be liberated from the blind worship and discourse dependence of western academics. We should take the reality of China as the research starting point, put forward subjective and original theoretical viewpoints through solving practical problems, build an academic system with China characteristics, work hard to improve academic quality, and promote the construction of discipline system and discourse system. At the same time, it is necessary to change the current academic evaluation criteria, evaluate the research results of philosophy and social sciences based on China’s reality, and master China’s academic discourse power and judgment power.

　　Improve road self-confidence, theoretical self-confidence and institutional self-confidence. Improving Socialism with Chinese characteristics’s road self-confidence, theoretical self-confidence and institutional self-confidence is a prerequisite for the generation of academic self-confidence. We should dig up new materials, find new problems, put forward new ideas and construct new theories from the practice of China’s reform and development, strengthen the systematic summary of the practical experience of reform, opening up and socialist modernization, strengthen the analysis and research on the development of socialist market economy, democratic politics, advanced culture, harmonious society, ecological civilization and the construction of the party’s ruling ability, strengthen the research and interpretation of the new ideas, new ideas and new strategies of the Party Central Committee in governing the country, refine new theories with academic rationality and summarize new practices with regularity. This is the focus of constructing China’s characteristic philosophy and social sciences, and it is also an important embodiment of enhancing Socialism with Chinese characteristics’s road confidence, theoretical confidence, institutional confidence and cultural confidence.

　　Pay attention to strengthening the construction of discourse system. The formation of academic self-confidence depends on foreign exchange. China scholars have the most say in interpreting China’s practice and constructing China Theory. We should be good at refining symbolic concepts, creating new concepts, new categories and new expressions that can be easily understood and accepted by the international community, spreading the voice of China, telling the story of China, expressing China’s views, and guiding international academic circles to conduct research and discussion. At the same time, we should actively participate in the construction of international academic discourse system, express China’s position on global governance, international rulemaking and other common human topics, make China’s voice, create China Theory, and constantly enhance the international influence of Chinese philosophy and social sciences.

　　(Author: School of Marxism, South China Normal University; This paper is the phased achievement of the major project of Marxist theoretical research and construction engineering, "Research on the new situation of major social thoughts in China at present")

　 　 [XCAR domestic new car, original]

　 　 After a long period of warm-up in the early stage, recently, we finally learned that the new GLE will be officially launched on October 19. As the successor model to the previous ML class, the new Mercedes-Benz GLE will undergo a series of adjustments to the appearance, interior and configuration. It is equipped with 3.0T and 5.5T power, and is matched with a 9-speed automatic transmission.

　 　 Tips: The new car is a facelifted model of the current ML and will replace the ML; it was first launched in Asia at the 2015 Shanghai Auto Show; its four-door coupe version, the Mercedes-Benz GLE sports SUV, has been launched one step ahead on September 3

　 　 Although the new car has not yet been launched, I believe everyone should have heard of this model. Since the world premiere of the 2015 New York Auto Show in March this year, the launch of the GLE model means that the ML model will officially withdraw from the historical stage and completely replace its position. What changes have been made by the GLE with the new name compared to the ML model?

　 　 First of all, let’s take a look at the appearance. In the face of the exterior design of the new car, compared with the current ML, the GLE model gives people a more rounded overall feeling. The newly designed middle net and the more meticulous and delicate air power kit make the model more suitable for the family-style front face of Mercedes-Benz, and the overall appearance also reveals a slight crossover design style.

　 　 In the rear part of the car, the new car has adjusted the internal structure of the taillights, and the design of the rear bumper has also changed. It also uses a built-in two-sided polygonal exhaust pipe.

　 　 In terms of interior, referring to the new car released at the 2015 New York Auto Show, the GLE’s interior is roughly the same as that of the earlier Coupe models. In addition to the steering wheel differences, the electronic devices have also been improved. The human-machine interaction system with a larger screen and the new version of the dynamic control system (DYNAMIC SELECT) are also implanted. It is reported that this system can provide six different driving modes to choose from.

　　　　In terms of power, according to the previous declaration information in China, the new car will be equipped with 3.0T and 5.5T engines, and the transmission part will be fully matched with a 9-speed automatic transmission. At the same time, the new car will also be matched with a four-wheel drive system. The specific details are yet to be officially announced on the day of listing.

　 　 Editor’s comment:The upcoming launch of the new Mercedes-Benz GLE model will replace the original ML model to continue to complete the tasks it has undertaken in the family tree, and will try to further expand the client base with a new look. As for the follow-up efforts, we can only wait and see for the time being. It is expected that it will effectively hit competitors.

Review of relevant content:

Hello GLE Goodbye ML New York Auto Show Mercedes-Benz GLE Analysis

868,000, Mercedes-Benz GLE sports SUV Chengdu Auto Show

Nowadays, the first thing for consumers to buy a car is to see whether this car is rich in configuration, and it is no exception to nature. Let’s look down with Xiaobian.

Let’s take a look at Komik’s appearance first. Komuk’s front face looks very clean and refreshing as a whole, and the air intake grille uses a straight waterfall shape, which is very recognizable. Coupled with fashionable headlights, it has a great visual impact. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4409 mm * 1781 mm * 1606 mm. The car adopts fashionable and dynamic lines, and the side circumference looks very sharp. With large-sized thick-walled tires, the shape is quite simple. In the design of the rear end, the rear end looks very comfortable, the taillights look very simple, and with the unique exhaust pipe, it is very simple and fashionable.

Coming to Komuk, Komuk’s interior looks solid and the visual effect is very good. The car looks very good outside the steering wheel, made of plastic, and looks a little more unique. Let’s take a look at the central control. The design of the center console is reasonable, which makes the interior design quite layered and conforms to the mainstream aesthetics. The dashboard and seats are equally eye-catching, and the car is equipped with a stylish dashboard with excellent display effect. The car adopts imitation leather seats, which are wrapped in place, with exquisite materials and comfortable ride.

Komik is matched with an automatic manual transmission (AT) gearbox, with a maximum power of 80KW and a maximum torque of 141N.m, with good power performance.

The car is equipped with driving mode selection, remote control key, rear wiper, engine start and stop, traction control (ASR/TCS, etc.) and other configurations, which greatly improves the convenience of using the car.

The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper. If you are interested, you might as well experience it.