Textbooks on Chinese, History and Ideological and Political Education for Senior High Schools in Six Provinces and Cities have been put into use in the new semester.

  This morning, the Ministry of Education held a press conference to introduce the compilation of textbooks for three subjects in senior high schools. At present, the compilation of textbooks for ideological, political, Chinese and history in ordinary senior high schools has been completed. It will start in September this year and will be first used in the beginning grades of senior high schools in six provinces and cities, such as Beijing, Tianjin, Liaoning, Shanghai, Shandong and Hainan, and other provinces will gradually push it out. The textbooks have been tried out in 412 schools in 13 provinces in the east, middle and west, and the suitability of the textbooks has been tested through classroom teaching. In the future, training at the national, prefecture and county levels will be implemented, and experts will be organized to systematically and deeply interpret the teaching materials to ensure that all teachers will be trained before attending classes. At the same time, we should establish a monitoring platform for the use of teaching materials, pay regular return visits to the teaching materials, make good use of the feedback platform for the three subjects’ teaching materials, listen to the opinions and suggestions from all walks of life in real time, study the new situations and problems encountered in the use of teaching materials in time, and revise the teaching materials regularly, so as to continuously improve the teaching materials.

  High School Ideological and Political Textbooks: Innovative Presentation Mode, Setting Comprehensive Exploration Content

  The textbook of ideological and political unification in senior high school runs through the main line of educating people, namely, the supreme leader’s Socialism with Chinese characteristics Thought in the new era. By enhancing the pertinence and readability of the textbook and innovating the presentation mode, the textbook has also set up the content of "comprehensive inquiry" to highlight its comprehensiveness and practicality.

  Overall construction and arrangement of teaching materials in blocks

  There are 7 complete sets of textbooks on Ideology and Politics in ordinary senior high schools, among which the compulsory textbooks are divided into Socialism with Chinese characteristics, Economy and Society, Politics and Rule of Law, Philosophy and Culture, and the optional compulsory textbooks are divided into Contemporary International Politics and Economy, Law and Life and Logic and Thinking. The total score of the four required textbooks is adopted, and Socialism with Chinese characteristics is the overview and foundation, which gives students an overall understanding of the formation and development of Socialism with Chinese characteristics. "Economy and Society", "Politics and Rule of Law" and "Philosophy and Culture" are deeply explained in different fields, so that students can specifically understand how to uphold and develop Socialism with Chinese characteristics. The three optional compulsory textbooks focus on cultivating students to understand the development trend of human society from a global perspective, deal with daily problems by legal means, and explore and understand the world with scientific thinking.

  As for the key learning content, the whole set of teaching materials systematically tells the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, and elaborates it from the aspects of economy, politics, rule of law, culture, nationality, religion, society, ecological civilization, national security, national defense and army, diplomacy and party building. In the aspect of rule of law education, the legal contents of marriage and family, employment and entrepreneurship, social dispute resolution and so on, which are closely related to students’ future, are included. In addition, revolutionary spirits such as "Red Boat Spirit", Long March Spirit, Yan ‘an Spirit and Chinese excellent traditional culture are also included.

  Innovative forms highlight comprehensive practicality.

  The textbook of ideological and political unification has also innovated the presentation mode, striving to enhance pertinence and readability. The textbook includes unit lead, lesson lead, text, various columns interspersed in the main text, and comprehensive inquiry. Efforts are made to improve the way of teaching and learning. Through the nesting of activities and text, the creation of problem situations, and the design of comprehensive inquiry activities, students’ interest in learning is stimulated, students’ cooperative learning and inquiry learning are promoted, and their practical ability is improved.

  In order to highlight the comprehensiveness and practicality, the textbook has set up the content of "comprehensive inquiry". There are two compulsory courses, and each unit of other textbooks has one. "Comprehensive Inquiry" allows students to analyze and solve problems by creating a variety of situations, focusing on topics in various forms, and comprehensively applying the knowledge and skills of related disciplines. For example, taking "national security and core interests" as the topic, the textbook has designed a comprehensive inquiry, explaining "national security is everyone’s responsibility", telling the content and significance of the overall national security concept, and cultivating students’ awareness of the overall national security concept. In addition, the textbook pays attention to the selection of cases and materials related to students’ lives, which is convenient for students to understand theoretical problems with practice and solve practical puzzles with theory.

  Chinese Textbooks for Senior High School: Designing Learning Task Groups for the First Time to Guide Autonomous Learning 

  There are 5 sets of Chinese textbooks for senior high schools, including 2 compulsory textbooks and 3 optional compulsory textbooks. The textbook innovatively designs two learning clues, namely, humanistic theme and learning task group, and refines some humanistic themes, such as "great rejuvenation", "mission and ambition" and "youthful excitement". It is divided into 28 learning units based on the 12 learning task groups stipulated in the curriculum standard, of which 22 units are built with the text as the core, and the basic columns include unit introduction, text selection, learning tips and unit learning tasks, which changes the common one-way learning tasks in the past. The textbook also has two whole book reading units and four activity units. These units take the learning task of integrated design as the core, and promote the reading or practical activities of the whole book.

  Ancient poetry accounts for nearly half of the texts.

  在选文上, 精选了反映中华优秀传统文化的经典名篇,注重题材的多样性和体裁的覆盖面,从古风、民歌、绝句、律诗到词曲,从诸子散文到历史散文,从两汉论文、魏晋辞赋到唐宋明清古文,从文言小说到白话小说,均有呈现。共选入古代诗文67篇,占全部课文数(136篇/首)的49.3%。其中古诗词33首,古文34篇。

  选文:突出革命文化和社会主义先进文化

  高中语文统编教材还注重突出反映革命传统和革命精神的作品,其中,有毛泽东的《沁园春·长沙》《改造我们的学习》等5篇(首)文章,鲁迅《拿来主义》《纪念刘和珍君》等5篇文章,还有《长征胜利万岁》《大战中的插曲》《百合花》等多篇作品。同时,还注重选取了反映社会主义建设和改革开放时期的作品。

  展现祖国日新月异变化的,如《哦,香雪》,讴歌时代楷模的;如《喜看稻菽千重浪——记首届国家最高科技奖获得者袁隆平》《青蒿素:人类征服疾病的一小步》,反映党在新时期的理论探索;体现出理论对实践的巨大指导作用的,如《实践是检验真理的唯一标准》。  此外,教材也选入了十多篇外国文学文化经典作品,有《复活》《百年孤独》《哈姆雷特》《致云雀》等。

  Teaching materials of history in senior high school: strengthening thinking on the combination of history and theory

  There are five complete sets of textbooks on History in senior high schools, including two compulsory textbooks, Outline of Chinese and Foreign History, and three optional compulsory textbooks, National System and Social Governance, Economic and Social Life and Cultural Exchange and Communication.

  Set up novel columns around five core literacy. 

  The textbook combines historical facts with historical theories, general history with special history, and presents the outstanding achievements of human civilization in many dimensions. The textbook should set up columns reasonably, and design the content and columns around the five core qualities of historical materialism, time and space concept, historical evidence, historical interpretation and feelings for home and country. Each lesson in the textbook takes the text as the main body, supplemented by some functional columns. Among them, "unit introduction" summarizes the main historical contents and learning requirements involved in this unit, "introduction diagram (language)" vividly and concisely leads to the content to be told in this lesson, "learning focus" prompts the learning focus, "reading historical materials" briefly supplements and expands relevant literature materials, "historical horizon" further supplements and expands major historical events and people, and "thinking point/learning window" is strengthened. In addition, each textbook has an activity class.

  引导学生认同中华5000多年文明史 

  教材内容涵盖了中华优秀传统文化所包含的核心思想理念、传统美德和人文精神,共涉及历史文化名人100余位,思想、科技、文学、法律等著作80余部,四大发明、天文历法、医学、数学、农学、地理学、水利工程等重大发明创造50余项,书画、音乐舞蹈、雕塑、器物等艺术作品40余件,引导学生形成对中华文化的认同感,树立正确的文化观。

  强化国家主权、海洋意识

  教材介绍了中国人民170多年斗争史和中国共产党90多年奋斗史,并强化国家主权、海洋意识,以史实为依托,讲述西藏、新疆、台湾及其附属岛屿、南海诸岛等作为我国领土不可分割一部分的历史渊源,增强学生维护国家统一和国家主权安全的意识,形成正确的国家观。

  Integrate into the education of national unity and progress

  At the same time, the teaching material also integrates the education of national unity and progress, tells the history of the Chinese nation, which has been formed by the exchanges and exchanges of various ethnic groups in the history of our country, introduces the policy of regional ethnic autonomy in China, guides students to establish a correct view of the country, nationality, culture and history, enhances national self-confidence and pride, and builds a strong sense of community of the Chinese nation.

  The textbooks compiled by the three subjects of compulsory education will cover the whole grade in September this year.

  In 2017, the textbooks of compulsory education ethics and rule of law, Chinese and history began to be used uniformly in the beginning grades of primary schools and junior high schools nationwide. This fall semester, all grades will be "fully covered", and the main replacement textbooks are 4-mdash; Sixth grade.

  It is understood that after the three subjects of compulsory education are put into use, the Ministry of Education has established a tracking mechanism for the use of textbooks with full process and wide coverage. From the follow-up situation, teachers and students are satisfied with the teaching materials as a whole, and nearly 90% students like the new teaching materials, which are rich and interesting in content, beautiful in language, illustrated and inspiring. Teachers’ overall satisfaction with the textbooks reached 92%, and they thought that the textbooks had high ideas, strong value orientation, accurate content selection, lively presentation, novel design, and were suitable for teaching and learning. In the process of using the teaching materials, some opinions and suggestions have also been collected, and valuable opinions will be actively absorbed and revised. (CCTV reporter Gao Chenyuan)

Tesla Model Y is in danger?

New energy concept (ID: xinnengyuanqianzhan) original

At the moment when "car-sea tactics" has become an essential trick for new energy car companies, if any brand has the confidence to "do the opposite" and has also achieved the envy of its peers, it must be Tesla.

With a Model Y, Tesla earned a lot of money and became one of the most profitable new energy car companies. Model Y has also successfully become the "best-selling" model in the global new energy market and even the entire automobile industry.

According to the data of the Federation, in 2023, Tesla Model Y sold 646,847 vehicles in the China market, winning the annual model sales champion.

Figure/Tesla Model Y won the annual sales champion in 2023


Source/Chenglian Branch New Energy View Screenshot

Not only in China, but also in the global market, Model Y has become a "champion model" and delivered 1.2 million vehicles in 2023, making it the single model with the highest sales volume in the world.

However, becoming a hegemon means that many opponents will challenge it. Pure electric vehicles of the same level and price; Extended range models of the same level and price; Even different levels, different prices, and even different power models can be said to be attacked by groups.

Especially in the China market, where the development of new energy vehicles is extremely rapid, the models of Tesla Model Y have mushroomed.

In this context, if Model Y wants to continue to be "far ahead", it must also need to practice some skills.

1.Model Y is a "thorn in the side" of car companies?

How long does it take for a car to win the best-selling model in the world?

In the era of fuel vehicles, Toyota Corolla was listed in the Guinness Book of World Records for 34 years with the cumulative sales of 25 million vehicles as the "best-selling car" in history. It also took Toyota RAV4 nearly 30 years to become the "sales crown" of a single car model in the world.

However, after the rapid rise of new energy vehicles, Model Y took only five years to replace the "predecessors" Corolla and RAV4, and reached the top of the global sales champion in 2023.

Figure/Tesla Model Y won the global sales in 2023


Source/Internet New Energy View Screenshot

According to the data released by research organization JATO Dynamics, before Model Y reached the top, the world’s best-selling model has been swept by Toyota for four consecutive years.

It is undoubtedly a milestone for the whole automobile industry to become the first electric vehicle model in the world to surpass fuel vehicles. But at the same time, Model Y has also attracted various opponents for itself, and almost every brand has come up with a car and Model Y wrist wrestling.

"Fully benchmarking Model Y" has become one of the most common rhetoric in the field of new energy vehicles.

At the 2024 Chengdu International Auto Show, including but not limited to the brand-new Zhiji LS6, Aouita 07 and Lantu Zhiyin, many new cars with their own brands regarded Model Y as competitors.

Li Weimeng, CMO of Zhiji Automobile, bluntly said, "Not only us, all car companies want to win the track championship. (Chengdu Auto Show) Several SUVs just released in Hall 10 all mentioned Tesla Model Y, which is still TOP1 in this range. "

As Li Weimeng said, Model Y has even become a thorn in the side of its own brand in the SUV market segment.

In addition to the above-mentioned models, those directly aiming at Model Y "going to war" include BYD’s Song PLUS Champion Edition, Song L, Song Pro, Song Max, Tucki G6, the first Krypton SUV "Krypton 7X", and Weilai’s second brand Ledao’s first pure electric SUV Ledao L60.

At the launch conference of Ledao brand, Li Bin, the founder of Weilai, bluntly said, "Ledao L60 is against Tesla Model Y, but the price will be reduced by about 10% compared with Tesla Model Y."

At present, although Ledao L60 has not been officially listed, the new car has been pre-sold, with a pre-sale price of 219,900 yuan, which is 30,000 yuan cheaper than Model Y.

Figure/Le Dao L60


Source/Ledao Auto WeChat official account New Energy View Screenshot

What’s more worth mentioning is "showstopper", and the intellectual community R7, which is called "Huawei Model Y" by the industry.

Yu Chengdong, managing director of Huawei, chairman of BG, and chairman of BU, a smart car solution, said openly in the live broadcast of Zhijie 7 that "Zhijie R7 brings an experience beyond Model X at the price of Model Y.. The product strength of Zhijie R7 far exceeds Model Y in terms of intelligent driving, chassis, cockpit space and battery life! "

Yin Tongyue, secretary of the Party Committee and Chairman of Chery Automobile, also said, "Intellectual R7, the product strength surpasses Model Y in all aspects."

2.Model Y disenchanted?

If in 2022 and 2023, if you want to buy a pure electric SUV, Tesla Model Y will still be the first choice, then in China, the market penetration rate of new energy vehicles has exceeded 50%, and independent brands have launched a series of competitive models through continuous technological innovation and product iteration. At present, Model Y may become the leader among the alternatives, but it is definitely no longer the first place.

Orange (pseudonym) is 35 years old and owns a Honda fuel car that has been in operation for nearly 10 years.

Since the ideal L7 was launched at the beginning of last year, Orange has moved the idea of changing cars. It’s just a comparison. After a year and a half, Orange still hasn’t decided which car to buy, or even the brand.

"From the ideal L7 to the ideal L6, and then to the world M7, I also tested the Aouita 11, and went to see the Ledao L60 a few days ago … It seems that I feel that I have done a good job in all aspects, such as intelligent driving and face value." Orange said that this time he was going to switch from a car to an SUV, and after the official listing of Ledao L60, he might make a decision after another comparison.

Interestingly, Orange mentioned that when he was in college, he saw Tesla running on the domestic road and said, "I will make money in the future, and I must buy a Tesla."

"It’s really profitable. Whether it’s the first car or the car that is about to be replaced, I didn’t consider Tesla. It was expensive before, but now it is unnecessary. " Orange mentioned that Tesla Model Y is not so fragrant, both in terms of technology and price.

In the little red book, posts such as "What made me return Model Y and buy Weilai ES6", "Don’t buy Model Y this year" and "Why don’t you buy Tesla Model Y" are endless.

Figure/Weilai ES6

Source/Internet New Energy View Screenshot

A car owner who bought Tesla Model Y listed his dissatisfaction with this "car" from six aspects: interior, suspension, skylight, car navigation, voice function and high-order assisted driving.

The owner mentioned that "the cool functions such as changing lanes and automatic parking should be increased, and domestic new energy brands are basically standard."

Just like Orange and the above-mentioned netizens, there are not a few consumers who are disenchanted with Tesla Model Y. It’s not because we can’t afford it, nor because Model Y is not good, but the models of our own brands can better meet the multiple needs of consumers for personalization, intelligence and cost performance.

3.Model Y is "old", how to remain competitive?

It is not difficult to see that with the intensification of competition in the global new energy vehicle market, especially in the China market, Tesla Model Y is facing unprecedented challenges.

Although Model Y is still the leader in the electric vehicle market, with the rapid growth of China’s new energy vehicle market and the rise of its own brand, consumers have more choices.

At this time, if Tesla wants to maintain its leading position in the China market, it may need to make adjustments in financial policy, interior design and vehicle configuration.

In July, Tesla launched a new car purchase financial policy for its Model 3 and Model Y, which can be ordered before July 31 (inclusive) and enjoy a five-year zero-interest plan, covering the standard version and the long-life all-wheel drive version.

Since then, the interest-free plan has continued again and again, which seems to be a flat replacement for Tesla not to cut prices.

Figure/Tesla 5-year 0-interest plan


Source/Internet New Energy View Screenshot

In the "price war", the price range of Model Y 24.99-354,900 is not competitive. Therefore, it may be one of its best choices to continue the stronger financial policy. Facts have proved that this trick really works. Especially in August, Model Y sold more than 45,000 vehicles in China.

Tesla’s option has always been criticized by the industry and consumers.

At the press conference of Xiaomi SU7, Lei Jun, the founder of Xiaomi, repeatedly "cued" the problem of the high matching price of Tesla Model Y, and lowered the matching price of Xiaomi SU7 based on this.

At a time when consumers are increasingly pursuing personalization, Tesla can configure and upgrade Model Y for the China market. For example, add more interior choices that are in line with consumers’ preferences in China, provide more personalized customization options, or add some intelligent interconnection functions specially designed for the China market, so as to enhance the user experience and maintain the sales advantage.

Beyond the product level, improving service is also one of the sharp tools.

For example, providing one-stop car purchase services through the official App, including online booking, configuration selection, price inquiry, financial scheme confirmation and vehicle delivery, etc., thus enhancing consumers’ car purchase experience.

Or Tesla can further expand its sales and service network in China to provide a more convenient and comprehensive service experience. Including increasing the number of service centers, improving service quality, and providing more charging facilities and maintenance services.

Through the above adjustments, Tesla Model Y can better meet the needs and preferences of consumers in China, even though it can’t maintain its remarkable annual sales of 1.2 million, thus maintaining its leading position in the highly competitive market.

In addition, Tesla’s continuous release of the latest news and redesigned models of FSD into China is also a great weapon for its breakthrough. It is not difficult to see that Tesla’s main model is in danger, but it is not easy to be beaten. The new Model Y that launched FSD is another hero.

Ten-year return visit after the earthquake! Children in schools aided by "special party dues" welcome the "adult ceremony" of the 18-year-old college entrance examination.

  The new campus of the school aided by special party expenses is clean and beautiful, and more than 2000 students from the earthquake zone are studying here.

  China searches Deyang on May 4th: The calendar will turn to this page again: May 12th.

  Ten years is only a measure of time for ordinary people. But for the children in the "512" earthquake-stricken area, it is a different decade from childhood to growth.

  On the eve of May 12th, the reporter walked into Qiyi Middle School, a school aided by the "special party dues" in Sichuan.

  How are the children in Sichuan who have experienced the earthquake in the past ten years? Growing up day by day, they will also welcome the college entrance examination and the 18-year-old rite of passage this year. During these ten years, how did they bravely wave goodbye to the past and start a new and brighter life?

  The new campus of the school aided by special party expenses is clean and beautiful, and more than 2000 students from the earthquake zone are studying here.

  Ten years ago: 45 million party member "special party dues" were used to build "Love School".

  At the beginning of May, the reporter came to Qiyi Middle School in shifang city, Sichuan. In the afternoon, July 1 Middle School, the vegetation is flourishing, bright and warm. Students read, exercise, draw and sing in the spacious and bright campus. ……

  After the Wenchuan earthquake in 2008, many local schools became ruins, and children could not enter the school. But on the sixth day after the earthquake, students who didn’t give up studying pitched tents with teachers and volunteers and resumed classes!

  Students from schools aided by "special party dues" study on campus.

  Lai Xuyun, the principal of the school, said that it was not easy for children to persist in studying at that time. In just two months after the earthquake, more than 45 million Communist party member paid "special party dues" and built today’s July 1 Middle School from the ruins while helping Sichuan. The children of the schools aided by special party dues gathered children from Yongcheng Middle School, Luoshui Middle School and Yunxi Middle School. After the earthquake, the students first walked into the classroom with books in their tents, studied in the classroom, prepared for the college entrance examination, participated in activities to respect the elderly, and wrote letters to the volunteers for disaster relief to talk about their dreams … until the new school was built, everything was completely new.

  In the past ten years, schools aided by "special party dues" have come out of groups of children who have experienced earthquakes, and many of them have been admitted to famous schools such as Tsinghua Peking University.

  Principal Lai Xuyun introduced that in the following June, these students who witnessed the reconstruction for ten years after the earthquake will take the college entrance examination.

  18-year-old teenagers after the earthquake, after the special adult ceremony of the college entrance examination, will soon enter adulthood, and after that, they will change from being the guardian to shouldering the responsibility to protect others.

  Students in schools aided by "special party dues" study in classrooms.

  Ten years later: A large number of students in Sichuan dream of becoming soldiers and volunteers.

  "I have been thinking about it for ten years. I always want to be a soldier. I want to help more people." A student said that he had been helped by disaster relief officers and soldiers. In the campus ten years after the earthquake, the teenagers who were rescued like him gradually grew up. Although it has been many years, the figures of the officers and men who stood up in the crisis are deeply imprinted in their minds. During the interview, the reporter found that in addition to entering the university, many students said that they wanted to be a soldier who saved people.

  Ten years after the earthquake, the students in the "Special Party Fee" school were sunny and smiling.

  In the past ten years, in other parts of Sichuan, there are also many teenagers with such dreams, and many have realized this dream. According to media reports, ten years ago, in Qingchuan County, a PLA battalion commander used his body to protect Qiangtianlin, who was still in junior high school, during the landslide. At that time, the uncle of the People’s Liberation Army told him: "When I was as old as you, I was determined to be a soldier." From then on, the desire to wear military uniforms was buried in Xiaotian’s heart. He agreed with the uncle of the People’s Liberation Army: "When I grow up, I must be you!" Now, the boy in the earthquake zone has graduated from the military academy and is looking for a rescuer. He always hopes to find this uncle and let him see what the original earthquake teenager looks like now.

  Li Yang, a boy who received much attention in the earthquake, and Wang Jiaming, an anti-earthquake hero, became a soldier in military uniform, a teacher who went to Tibet to teach, and many students who grew up after the earthquake became volunteers when they grew up.

  Teachers and students of schools aided by "special party dues" are practicing chorus.

  Ten years of gratitude inheritance: 95 students from Yushu disaster area who went to Sichuan to study said "thank you"

  In addition to the children in the May 12 earthquake, Qiyi Middle School, a school aided by special party expenses, has a group of children from Yushu disaster area studying here. Next month, these students will also take the college entrance examination and leave July 1 Middle School.

  After the Yushu earthquake in Qinghai Province in 2010, despite the post-disaster reconstruction, more than 2,700 freshmen in senior high school could not be enrolled because of the relative lack of educational resources. Through the coordination of relevant departments in Beijing, Shifang and Yushu, which are aided by Beijing, have built a friendship bridge. Shifang specially set up two "Yushu Student Classes", which absorbed 95 freshmen from Yushu to study in different places.

  These Yushu children have gone to school! Shifang, Sichuan, which has received a lot of attention and help from the whole country because of the earthquake, has been "pushing kindness to others and inheriting great love".

  Principal Lai Xuyun introduced that in Yushu class, there was a student named Pucuo who made a special trip back to school to thank him for giving him a second life. Pucuo suffers from scoliosis, which affects cardiopulmonary function. By chance, shifang city Qiyi Middle School contacted the famous orthopedic doctor of Chengdu Third People’s Hospital through a charity, and reduced the medical expenses through civil affairs departments. After surgical treatment, the hunchback boy, who was less than 1.6 meters, was thoroughly remoulded, and his head was much taller after rehabilitation. Later, Pucuo was admitted to Beijing Social Management Vocational College, majoring in geriatric nursing, and wanted to contribute his own heart to the elderly who needed help. Before leaving, Pucuo also went to the office to hug the teachers one by one.

  Beautiful campus and post-earthquake teenagers sketching on campus.

  In the corner of the campus of shifang city Qiyi Middle School, there is a stone engraved with "Young Eagle in Snow Area Bathing Party’s Grace", which is a "gift" given to his alma mater by all the students in Shifang Class of Yushu in 2015. They want to collectively say "thank you" to his alma mater.

  Childhood, adolescence, adulthood ….. In these ten years, the role of the earthquake witnesses in the school campus aided by Party funds is quietly changing. Ten years after the earthquake, it seems that everything has never been forgotten, as if everything has a new beginning. (Reporter Chen Yangyang)

tariff

Tax information:

definition

Tariff refers to a kind of tax levied by a country’s customs on imported and exported goods passing through its customs territory according to the laws of that country. Tariff is generally a high-level tax at the designated tax rate by the highest administrative unit in all countries. For countries with developed foreign trade, tariff is often the main income of national tax and even national finance. The government can impose tariffs on imported and exported goods, but import tariffs are the most important and the main trade measures.

levy

The basis of tariff collection is the customs value. The cif price of imported goods based on the transaction value approved by the customs is the customs duty paid price; For export goods, the duty-paid price shall be the FOB price of the goods sold abroad minus the export tax, and the price determined after customs examination. Namely:

Customs value = transaction value approved by the customs as the base-CIF price;

Duty paid price = [(export goods sales+offshore price)-export tax] → customs examination and approval.

The formula for calculating the tariff payable is: tax payable = customs value × applicable tax rate.

characteristic

(1) Tariff is the tax levied by the customs established by the government on the imported export commodities when they pass through the customs territory of a country.

(2) Tariffs are mandatory.

(3) Tariffs are free of charge.

(4) Tariffs are predetermined.

function

1, safeguard national sovereignty and economic interests.

2. Protect and promote the development of domestic industrial and agricultural production.

3, adjust the national economy and foreign trade.

4. Raise national fiscal revenue

tax regulations

Customs tariff, also known as customs tariff, refers to a country’s regulations on levying tariffs on imported goods and a list of systematically classifying imported taxable goods and duty-free goods. It is the basis of customs tax collection and the concrete embodiment of a country’s tariff policy.

From the content point of view, the customs tariff generally includes two parts: first, the rules, regulations and explanations of customs tariff collection; The second is the tariff rate table. The tariff rate table consists of tariff code, commodity name, customs rate and other columns.

Tax payment method:

The usual customs duty payment method is that the customs that accepts the declaration of the customs clearance procedures for the goods entering (leaving) the port calculates the applicable customs duties one by one and fills out the customs payment form. After the taxpayer goes through the formalities of tax payment or transfer to the customs or designated bank, the customs (with the receipt of the bank) goes through the customs clearance procedures. The tax collection procedure comes first, and the customs clearance procedure comes last, which is conducive to timely warehousing of taxes and preventing tax arrears. Therefore, customs in all countries use this method as the basic tax payment method.

Summary of the contents of the front pages of the four major securities newspapers (January 9)

  China Securities Journal

  Funds staged "high throwing and low sucking" drama institutions are optimistic about the A-share market in 2023.

  Last week, A shares ushered in a "good start". A-share ETFs rose across the board, with a total turnover of 177.347 billion yuan. However, with the recovery of the market, many ETFs that had previously "bottomed out" during the market downturn chose to settle down. Based on the average transaction price of the interval, the net outflow of A-share ETF funds last week was about 9.562 billion yuan.

  Travel demand blowout, civil aviation industry makes every effort to do a good job in Spring Festival travel rush.

  After the opening of Spring Festival travel rush on January 7, queues appeared in many domestic airports, and the demand for domestic air travel surged; On January 8th, with the smooth landing of flight CZ312 in Guangzhou, the popularity of cross-border travel and outbound tourism increased.

  Confidence in tourism consumption will accelerate recovery.

  From 0: 00 on January 8th, with the policies of China, such as canceling entry nucleic acid testing and centralized isolation, and optimizing personnel exchanges between the Mainland, Hong Kong and Macao, the first overseas flights were ushered in at airports such as Shanghai and Guangzhou after the adjustment of epidemic prevention policies. According to the data of the same journey, the order volume of inbound and outbound air tickets on January 8 increased by 628% year-on-year, setting a peak since March 2020. In addition, China tourists’ enthusiasm for outbound travel is accelerating, and Thailand and Singapore are on the list of popular flight destinations.

  According to industry insiders, with the liberalization of the entry-exit policy, China tourists’ travel confidence will be rebuilt and tourism consumption confidence will be restored. At the same time, the return of China tourists will bring new vitality to the global tourism industry.

  Guo Shuqing, secretary of the Party Committee of the People’s Bank of China and chairman of the China Banking and Insurance Regulatory Commission, said that monetary policy should be more inclined to private enterprises.

  Guo Shuqing, secretary of the Party Committee of the People’s Bank of China and chairman of China Banking and Insurance Regulatory Commission, said in an interview with Xinhua News Agency a few days ago that the key to rapid economic recovery and high-quality development is to convert the total income of the current period into consumption and investment as much as possible. The monetary policy will increase the inclination to private enterprises, maintain the effective growth of total credit, and promote the reduction of comprehensive financing costs.

  Shanghai Securities News

  Shenzhen Stock Exchange determines three key points of supervision services for listed companies in 2023.

  2023 is the first year to implement the spirit of the 20th National Congress of the Communist Party of China. The Shenzhen Stock Exchange has finalized three major points of supervision services for listed companies: enhancing the adaptability of the system and shaping a diversified and inclusive innovation support market mechanism; Enhance the effectiveness of supervision and create an accurate and efficient supervision system for listed companies; Enhance the synergy of services and shape a benign market ecology of joint construction, governance and sharing. Promote the high-quality development of listed companies with high-quality systems, high-quality supervision and high-quality services, and inject new momentum into building a new development pattern for services and achieving high-quality economic development.

  The snow and ice movement continues to heat up, and the consumption vitality of cultural tourism is accelerated.

  An e-commerce person who runs ski equipment told reporters that with the recent upsurge of skiing, the overall sales of ski equipment have increased significantly compared with a month ago, and snow clothes and skis are the best sellers. He said that the relevant demand is still heating up.

  Many places have introduced the "stable post and stay at work" initiative. Red envelopes warm people’s hearts, stabilize posts, grab the start, expand production and increase confidence.

  In response to the call of "No Closing Time during the Spring Festival", Yang Bo, the head of ZTO Express Shanghai Xuhui South Station, decided to stay at the outlet during the Spring Festival holiday this year. "The company pays three times the salary to employees who stick to their posts during the Spring Festival, and encourages everyone to take a break after the Spring Festival; During the Chinese New Year, our outlets will also organize a New Year’s Eve dinner for everyone to get together. "

  China’s foreign reserves have risen for three consecutive months.

  According to the data released by the State Administration of Foreign Exchange on January 7, by the end of December 2022, the scale of China’s foreign exchange reserves was $3,127.7 billion, up by $10.2 billion or 0.33% from the end of November.

  Securities Times

  Against the market high! In 2022, 1,541 new funds were issued, raising nearly 1.5 trillion yuan.

  In the first week of 2023, the A-share market got off to a good start.

  Although only four trading days, the Shanghai Composite Index still rose by 2.21%, Shenzhen Component Index and Growth Enterprise Market Index both rose by more than 3% last week, and the market sentiment rebounded significantly. In four trading days, the cumulative net purchase of northbound funds reached 20 billion yuan. In terms of fund issuance market, only on the first trading day of January 3rd, a total of 20 new funds (consolidated statistics of different shares, the same below) started to issue, sprinting for a "good start", among which there were many products at the helm of star fund managers.

  Demand for throat-opening sword spray has increased greatly, and the performance of Guizhou Sanli has increased in advance last year.

  Benefiting from the sharp increase in market demand for drugs related to infection treatment in novel coronavirus in December last year, (), whose performance declined year-on-year in the first three quarters, successfully reversed its business decline in the fourth quarter.

  Asia-Pacific countries’ stock indexes are relatively strong, and QDII funds are constantly digging for gold.

  For investors, A-shares and developed markets such as Europe and America are certainly eye-catching, but the performance of some emerging countries or niche markets is also worthy of attention, and there are many possibilities for high returns. For example, the Indian stock index led the world in 2022, continuing the trend of long cattle for 14 years.

  Some insiders said that from the perspective of asset allocation, the profits of listed companies in Asia are expected to lead mature markets driven by China and India, and the valuation is attractive. If the momentum of the US dollar turns in the future, funds will flow in again, which may lead to relatively good investment opportunities.

  After the adjustment, the civil aviation industry accelerated its recovery on the first international flight.

  On January 8, China Southern Airlines flight CZ312 (Toronto-Guangzhou) successfully landed at Guangzhou Baiyun Airport at 0: 16 on the same day. Flight CZ312 is the first international flight to land in China after the implementation of the entry policy adjustment, and its passengers have become the first batch of people who have been exempted from entry nucleic acid testing and entry quarantine measures in the three years since the outbreak of COVID-19.

  On January 7, 2023, the 40-day Spring Festival travel rush officially kicked off, and the demand for returning home for the New Year was also released. On the first day of Spring Festival travel rush, the passenger flow of civil aviation recovered obviously, and the domestic flight volume has recovered to more than 80% of the epidemic.

  Securities daily

  The concentration of steel industry is expected to further increase the demand for steel in new energy and other fields to drive high-quality development.

  On January 8th, Qu Xiuli, Vice President and Secretary General of China Iron and Steel Industry Association, said at the 18th China Iron and Steel Industry Chain Market Summit and the 2022 annual meeting of Lange Steel Network that the pace of merger and reorganization of the iron and steel industry will be accelerated, and the industry concentration is expected to be further improved.

  A number of interviewed experts told the reporter that in 2023, the steel industry will accelerate the reshuffle, and mergers and acquisitions will continue to advance.

  In many places, the GDP growth target in 2023 will exceed 5.5%, and economic recovery is full of confidence.

  Recently, two local conferences have been held one after another. The 2022 transcripts were published in many places, and the economic development goals for 2023 were determined. Among them, Jinan, Hefei and many other cities have set the GDP growth target in 2023 at more than 5.5%.

  Photovoltaic cell technology accelerates to N-type development. Old players favor TOPCon newcomers to bet on HJT.

  In the four trading days at the beginning of the new year (as of January 6, 2023), () the photovoltaic concept index rose by 5.91%, which was eye-catching.

  In the industry’s view, the concept of photovoltaic is hot, not only because China’s photovoltaic industry occupies more than 70% of the global market share; It also benefits from the accelerated innovation of photovoltaic industry technology, which is very attractive to capital and makes the industrial prospects brighter.

  The combination of tax reduction and fee reduction helps the R&D investment of listed companies increase year by year.

  Liu Kun, Minister of Finance, said in an interview recently that we have implemented a series of tax reduction and fee reduction policies, and the government revenue has been reduced, which has enabled enterprises to travel lightly and enhance their vitality, effectively improving the expectations of market participants. In particular, in 2022, a large-scale value-added tax will be implemented to offset the tax refund, and the annual tax reduction and fee reduction and tax refund deferral will exceed 4 trillion yuan to help enterprises tide over the difficulties.

Spring Festival grabbing red envelopes was spit out: 10 billion big projects, dividends of one piece and fifty-eight cents.

  BEIJING, Feb. 12 (Reporter Wu Tao) "The red envelope is so big, I want to try it."

  It has become a "New Year custom" for Internet companies to give out red envelopes during the Spring Festival. Alipay is divided into 500 million in Five Blessingg, 1 billion in today’s headlines, 2 billion in Tik Tok, 2.1 billion in Aauto Quicker, 2.2 billion in Baidu, and 2.8 billion in Pinduoduo. Just a few Internet "big factories", giving out red envelopes during the Spring Festival exceeded 10 billion yuan. How much did you rob?

  Grab a dime, and some can’t withdraw cash.

  "I won 0.16 yuan", "I got 1.58 yuan", "I grabbed 0.08 yuan, which was a new height" and "I was proud to bask in it after grabbing more than three yuan. What’s so proud of?" "I accidentally participated in tens of billions of big projects and finally got a piece of five."

  Some red envelopes are small enough to be counted as "points". Photo courtesy of netizens

  "I robbed the coupon and reduced the 15 yuan by 299 yuan. Isn’t this the usual discount?" "It’s hundreds of millions to grab a red envelope, but it’s like an egg hitting the Yangtze River and inviting people all over the country to drink egg drop soup." For example, Five Blessingg is divided into 500 million yuan, but over 300 million people have gathered together. In this way, each person is divided into more than one yuan on average.

  Some netizens commented. Screenshot of a social platform

  In addition, you can’t withdraw the money if you want. Many platforms stipulate that you can’t withdraw the money below 1 yuan. "But I only robbed 0.16 yuan, which is equivalent to robbing a loneliness?" "I only participate in Five Blessingg every year, because the money goes directly into Alipay, even if it is 1 point, it is safe."

  The netizens have made a record of grabbing red envelopes, and they have robbed 4 yuan a lot. Photo courtesy of netizens

  The money in many red envelopes must also be withdrawn within a limited time, and it will be invalid after expiration. Many netizens don’t take the trouble to withdraw cash, or the red envelopes are too small to be taken out at all. Therefore, I am afraid that only the enterprises themselves know how much they actually send out.

  The red envelope is too small to withdraw cash. Photo courtesy of netizens

  "Visiting, singing and answering questions", you can’t grab a red envelope without a talent.

  Although the share is small, there are only a few people who "grab the red envelope for fun, and I really need the money for the New Year", and the battle for grabbing the red envelope has been lengthened this year. It turned out that the lottery was held on New Year’s Eve, but this year some red envelope activities continued until the sixth day of the Lunar New Year.

  For example, some platforms have released a red envelope, which supports video for the first time. Users can create online homes, record videos, send red envelopes, invite friends and relatives to collect them, pass on New Year greetings, or visit other homes to ask for red envelopes.

  K song red envelope. Photo courtesy of netizens

  There are also team red envelopes, answering red envelopes, and karaoke red envelopes. Take the K-song red envelope as an example. When grabbing a red envelope, you need to sing, and you can only get it if you sing correctly. Some analysts pointed out that for Internet companies, the centralized competition in the Spring Festival can be avoided from being too homogeneous, which increases the interactivity and interest.

  It is worth noting that when Internet giants are frantically "throwing money", WeChat, the originator of red envelopes, has taken a different approach, going further and further on the cover of red envelopes, and everything can "sell skin", and red envelopes are no exception.

  Unlike last year, this year’s WeChat red envelope cover is conditionally open to individuals, and the price has also dropped to 1 yuan/piece. In 2020, the cover of red envelopes will only be customized for enterprises and some institutions, and the price will be 10 yuan/piece, with a minimum order of 100.

  Wechat has a rainy expression in the Spring Festival, and there is still a chance to appear a blind box containing the cover of the tenth anniversary red envelope of WeChat, limited to 10,000 copies. Users who have been drawn can leave messages in the background of "WeChat School". As of 12: 00 noon on February 12th, the first 20 users who have left messages have the opportunity to get exclusive red envelopes of 66.66 yuan (real red envelopes, not red envelope covers).

  "With the WeChat to send more than 1,000 yuan, I got the red envelope? I don’t know what other Internet companies that send billions of dollars think after reading it? " Some netizens said, "Is it a wave of people who collect red envelope covers now and those who originally collected crisp noodles?"

  Grab red envelopes and withdraw cash to pay attention to these things.

  This Spring Festival, we should pay attention to safety when grabbing red envelopes in the WeChat group. "WeChat has added a dynamic expression, and the screen is full of firecrackers and bombs. I am really afraid that any group will suddenly send a fake red envelope." It can be said that flicker and red envelopes take off, and safety should always be kept in mind.

  Meng Huixin, an analyst at the Legal Rights Department of the Research Center for E-Commerce, said that there are various ways to play red envelopes. When users play red envelopes, they should pay attention to the source of red envelopes, mainly because the red envelopes with Trojan horses are more technical and hidden, such as red envelopes that need to input payee information, AA red envelopes, red envelopes that need to enter passwords, and red envelopes that share links.

  Pay attention to safety when presenting red envelopes. It is understood that at present, many accounts are bound to sensitive information such as the user’s real name, mobile phone number and bank card. Even new users need to enter this information when presenting red envelopes.

  I would like to remind you that when presenting red envelopes on some unknown platforms, don’t be greedy and cheap, and don’t enter some personal sensitive information such as name, bank card and telephone number to prevent being deceived.

  Meng Huixin said that in addition to users’ vigilance, when the platform engages in the Spring Festival red envelope activities, it must do a good job in data information protection measures to avoid user information leakage. (End)

Shanghai: 63% of the first batch of 142 enterprises in the "white list" of key foreign trade enterprises have resumed work and production.

  China Youth Daily, Shanghai, May 15 (reporter Wei Qimeng from Zhongqing.com, Zhongqing.com) At the press conference on the prevention and control of COVID-19 epidemic in Shanghai this morning, Gu Jun, director of the Shanghai Municipal Commission of Commerce, introduced that in order to further improve the work of foreign trade and foreign-funded enterprises to resume work, the Municipal Commission of Commerce formulated the Guidelines for the Work of Resuming Work of Key Foreign Trade Enterprises (Trial), and issued two "white lists" of key foreign trade enterprises, including goods trade. Among them, there are 142 in the first batch and 562 in the second batch. 63% of the enterprises in the first batch of "white list" have resumed work and production, and the second batch of "white list" enterprises are preparing to resume work and production. The third batch of more than 820 names will also be released in the near future.

  The Municipal Commission of Commerce has done a good job in system design and enterprise services around "people can get out, cars can move, and goods can be transferred".

  First, promote enterprises to implement epidemic prevention and control requirements, and strive to achieve the return of personnel. In conjunction with the districts, we will provide full coverage of services for "white list" enterprises, promote the docking of enterprises with local towns or prevention and control departments, and submit the epidemic prevention and control plan for returning to work according to the principle of "one enterprise, one plan". At the same time, in the business field, the "electronic pass for returning to work" was launched to provide technical support for the return of enterprise personnel.

  The second is to improve the vehicle management mechanism and strive to ensure the flow demand of vehicles returning to work and production. The national unified version of the Vehicle Pass for the Transport of Key Materials was launched, and the Notice on the Acceptance Scope of the Vehicle Pass for the Transport of Key Materials in the Foreign Trade Field of the Municipal Commission of Commerce was issued to meet the inter-provincial transport needs of goods and vehicles of foreign trade enterprises. The temporary pass for local cargo transportation in the foreign trade field will be activated to provide a path for local cargo transportation of foreign-funded foreign trade enterprises. In addition, a temporary pass for returning to work and production is also enabled, which provides convenience for enterprises to rent buses and arrange for returning workers to return to work.

  The third is to focus on the difficulties and blocking points, and strive to get through all aspects of freight logistics. We will set up special classes for foreign trade and port services, strengthen enterprise policy guidance through platforms such as trade associations, and coordinate and promote targeted solutions to difficulties and blocking points such as warehouse opening, document delivery and transportation aging, which are more concentrated in enterprises. At the same time, play the role of the service linkage mechanism of foreign-funded enterprises in the Yangtze River Delta, coordinate the resumption of work of key enterprises in warehouses in other provinces and cities, and open up cross-regional supply chains.

  Fourth, smooth communication channels and actively respond to the concerns of foreign-funded enterprises. Establish a regular dialogue mechanism with consular offices in Shanghai and foreign business associations, strengthen policy interpretation and information communication, actively strive for understanding and support, and stabilize the development expectations of foreign-funded enterprises in Shanghai. Organize a number of online symposiums for foreign-funded enterprises, provide online problem-solving paths for enterprises with relevant departments, and follow up the problem-solving situation to form a closed-loop work.

  In the next step, the Municipal Commission of Commerce will dynamically adjust the work plan for foreign-funded enterprises to resume work according to the epidemic prevention and control situation, and promote foreign-funded enterprises to resume normal operations in an orderly manner.

Retail flameout, force on the public?

Text/"Tsinghua Financial Review" Bai Haochen

In 2024, commercial banks have not got rid of the quagmire of retail stall.

Recently, the annual reports of most state-owned and joint-stock banks in domestic listed banks have been released. The annual report shows that the growth rate of net profit of state-owned banks and stock banks has generally slowed down, and some institutions have even experienced a significant decline. For example, the net profit of Minsheng Bank has shrunk by 9.85% compared with the previous year, and Ping An Bank has dropped by 4.19%.

Table 1: Net profit of some state-owned and joint-stock banks in 2023 and 2024 (100 million yuan)

Source: Wind, bank annual report

In terms of revenue, according to the business caliber, the classified revenue of the counted commercial banks is very different. Among the state-owned banks, Industrial and Commercial Bank of China and Bank of Communications account for a relatively large proportion of public business revenue, while the retail business of agriculture, construction, China and postal services exceeds public business. Among the stock banks, CITIC Bank, Minsheng Bank, Shanghai Pudong Development Bank and Zheshang Bank account for a relatively large proportion of corporate business, while the retail business of China Merchants Bank, Ping An Bank and China Everbright Bank exceeds corporate business.

Figure 1: Revenue of some state-owned and joint-stock banks in 2024 (broken down by retail company, RMB 100 million)

Source: Bank Annual Report

Judging from the change of revenue, the performance of commercial banks in public business revenue is generally better than that in retail business. In terms of retail business, the retail business income of most commercial banks has decreased compared with the previous year, and only a few banks have achieved growth. In particular, the retail business of Ping An Bank, China Everbright Bank and Shanghai Pudong Development Bank declined significantly. The retail business income of Ping An Bank dropped by 25.90% to 71.255 billion yuan, while the decline rate of Shanghai Pudong Development Bank and China Everbright Bank also exceeded 10%.

In terms of public business, more than half of the listed banks achieved growth in 2024, while the banks that did not achieve growth did not experience a sharp decline. The largest increase in corporate business was Ping An Bank. Although the retail business shrank sharply, its corporate business increased by 19.15% in 2024, and its revenue to the public was 63.841 billion yuan during the year. Postal Savings Bank, Zheshang Bank and Shanghai Pudong Development Bank are also growing significantly on the public side.

Figure 2: Changes in the revenue of some state-owned and joint-stock banks in 2024 compared with the previous year (split by retail size)

Looking at the profit again, according to the business caliber, in 2024, the profit performance of corporate business is also significantly better than that of retail business. In terms of retail business, except for workers and peasants China Construction and China Merchants Bank, the retail profits of other banks are very small, and Zheshang Bank even experienced retail losses, with a loss of 2.663 billion yuan during the year. The performance of corporate profits is satisfactory. Except for some large state-owned banks or those banks featuring retail business, corporate business has become the main pillar of bank profits.

Figure 3: Profits/losses of some state-owned and joint-stock banks in 2024 (broken down by retail size, RMB 100 million)

In terms of profit changes, in 2024, the profit points of most banks have obviously shifted-the profit of corporate business has increased rapidly, while the profit of retail business has dropped sharply. In terms of retail business, the retail profits of listed banks generally declined compared with the previous year, among which Everbright Bank and Ping An Bank declined significantly, and Everbright Bank decreased by 95.83% to 281 million yuan. Ping An Bank dropped by 94.81% to 356 million yuan. On the public side, most banks’ profits have improved, and there are not a few that have greatly improved. In 2024, the profit of the Agricultural Bank of China to the public increased the most, with an increase of 68.92% to 244.892 billion yuan during the year. China Construction Bank, Industrial and Commercial Bank of China, Bank of China and China Merchants Bank also increased by over 20%.

Figure 4: Changes in profits of some state-owned and joint-stock banks in 2024 (split by retail size)

In terms of characteristics, both revenue and profit show the trend of corporate expansion and retail contraction, or it can be explained as the strategic turn of bank operation. The reason is mainly the cyclical rotation of bank retail and corporate business-in the past, retail business performed strongly and was under pressure on corporate business, but now it is in the opposite form.

In the early years, China’s banking industry was dominated by corporate banking. After 2010, the background of interest rate marketization superimposed residents’ wealth accumulation and consumption upgrading, prompting commercial banks to shift their strategic focus from corporate to retail. With the optimization of the top-level design of retail business, such as the pilot expansion of consumer finance companies, the relaxation of credit card installment business supervision, and the gradual improvement of personal credit information system, in 2016, joint-stock banks led by China Merchants Bank and Ping An Bank took the lead in the wave of the development of retail business characteristics, subverting the traditional business logic centered on corporate business and upgrading retail business to another growth pole of commercial banks besides corporate business.

Based on a huge customer base, retail business can provide considerable business volume, and because of the high basic interest rate of retail loans, it can also alleviate the pressure of bank interest margin, which is one of the best tracks for commercial banks to enhance their profitability and improve their operating level. Under the background of "expanding domestic demand and promoting consumption", the value of retail business is rising, and its importance is becoming more and more prominent. Commercial banks have also carried out retail business transformation in order to adapt to macro-development, alleviate the current operating difficulties, occupy a favorable position and seize the first opportunity in industry competition.

However, in recent years, the retail business of banks has gradually entered a bottleneck period. Since 2023, commercial banks have been in a state of collective stall at the retail end for two consecutive years. According to incomplete statistics, the retail revenue of most large and medium-sized banks that have published results has been hit, and the retail business revenue has generally shown a negative growth trend. There are two main reasons for the huge decline in retail business of commercial banks:

On the one hand, the downward cycle of real estate continues to curb residents’ willingness to consume. After decades of prosperity, China’s real estate market suffered periodic pains, and the growth rate of national real estate development investment declined for three consecutive years. The downward trend of the housing market had a direct impact on residents’ asset value and income expectations. First, the shrinking asset value directly affects residents’ willingness to consume. In order to cope with potential economic risks, more residents tilt their financial focus from consumption to savings, which inhibits mainstream personal credit businesses such as credit cards and consumer loans. Second, the continuous decline in housing prices will continue to hit the confidence of mortgage buyers and raise the risk of default, which will lead to a surge in non-performing rates.

On the other hand, credit cards, consumer loans and other products face high homogeneous stock competition. After years of market development practice, China’s urban credit card and consumer loan markets are gradually saturated. At present, the retail product matrix of each bank is highly homogeneous, and it mainly relies on the preferential strength and location advantages of commercial banks for stock competition. In addition, with the rise of internet finance, online consumer credit products, with their convenience and flexibility, further aggravate the operating pressure of credit card and consumer loan business. According to the Blue Book of China Bank Card Industry Development 2024, the total amount of credit card transactions in 2023 was 39.8 trillion yuan, a year-on-year decrease of 5.6%, and the transaction amount declined for two consecutive years. The average decline of credit card transactions in state-owned/joint-stock banks has reached 23.44%. With the stall of the main retail businesses such as credit cards and consumer loans, the growth momentum of bank retail has fallen into a bottleneck.

Under the long-term influence of multiple factors, the non-performing rate at the retail end of banks has risen and the incremental space has been continuously compressed. Under the realistic background that weakness is difficult to solve in a short time, commercial banks need to resort to other businesses to ensure high-quality and stable operation.

The performance of the public business is bright, and the bank’s break is dawning.

In the context of the collective stall of retail business of commercial banks in 2024, the resilience shown to public business may become the way to break the bank’s operation. For a long time, corporate banking has been an indispensable part of bank credit business, although in recent years some banks have shifted their focus to retail business. However, the foundation of public business is still there. In the context of the current lack of growth momentum of retail business, it is relatively wise for commercial banks to shift their business focus to corporate business, which is embodied in the following points:

First, it has strong anti-cyclical ability for public business. Compared with the retail business, which is highly influenced by the fluctuation of economic cycle, the public business has stronger anti-cyclical ability relying on policy support and industrial chain coordination. The stability of corporate customers’ cash flow is higher than that of retail customers, which plays a role in smoothing the fluctuation of asset quality in the overall operation of banks.

Second, the corporate business has more abundant business scenarios. Corporate business has the nature of "credit+",while corporate business has the nature of "credit+",which can promote the coordinated development of intermediary business, thus generating the multiplier effect of comprehensive income. By providing services to corporate customers, banks can simultaneously explore retail business opportunities such as payroll and employee wealth management, and realize the value transfer chain from enterprises to individuals to enterprises.

Third, the development of corporate business is in line with the current policy orientation. Under the current macroeconomic policy environment, the state emphasizes that finance supports the real economy and promotes industrial upgrading and structural adjustment. As one of the core channels of banking service entities, corporate business is highly compatible with policy guidance such as serving the real economy and supporting national strategic industries, which not only helps banks optimize their credit structure, but also effectively connects with national policies and helps the rapid development of national strategic industries. By developing corporate business, banks can deeply understand the needs of enterprises and provide customized financial services, thus promoting industrial upgrading and high-quality economic development. At the same time, the development of public business can also promote the development of related industrial chains, form a virtuous circle and inject new impetus into economic growth.

Two-wheel drive for public retail, and banking is not biased.

Ji Guangheng, president of Ping An Bank, said at the performance meeting that no strong bank was biased in the end. Without development loans, there will be no mortgage. Without a new account, there will be no waiting list. We still have a process of balanced development. In fact, corporate and retail businesses are not binary opposites, but more like two sides of banking business. Corporate businesses can naturally penetrate the upstream and downstream small and medium-sized micro-customers and employees’ personal financial service needs by serving the core enterprises in the industrial chain; The consumer behavior data accumulated by retail business can feed back the bank’s accurate judgment on the operating conditions of corporate customers.

Looking forward to the future, commercial banks must adhere to "walking on two legs" in order to achieve high-quality development. We should not only deepen the basic advantages of retail business, but also grasp the strategic opportunities of public business. This two-wheel drive business model is not only a pragmatic choice to meet the current challenges, but also a long-term plan for the future.

This article is a columnist of Weiyang. com: Tsinghua Financial Review is published. The content is the author’s personal opinion, not the website’s. It is forbidden to reprint it without permission, and offenders will be prosecuted!

Prison Returnees Help Education: Ex-prisoners Become Prison "Interviewers"

  The picture shows the help and education of returnees in Shayang Guanghua Prison and the on-site simulated job fair. Photo by Wen Juan

  □ Our reporter Liu Zhiyue

  □ "Legal System and News" reporter He Zhengxin

  Returning to prison again, Liu Fan (a pseudonym) has some feelings.

  "Is the company’s income high?" "How do you get along with your colleagues?" … … Under the rostrum, former prisoners kept asking questions.

  This time, Liu Fan, who participated in the on-site simulated job fair for returnees of Guanghua Prison in Shayang, Hubei Province together with the person in charge of the company, turned into an "interviewer". Liu Fanfan is a released prisoner in Shayang Guanghua Prison. Recommended by the prison police, he entered an electronic product production company in Guangdong, and now he has become the technical backbone of the company.

  "Being educated and reformed in prison has made my life start again, and the trust and support of the company have given me new life opportunities." Liu Fan said.

  It is a concrete manifestation of Shayang Guanghua Prison’s practice of the new concept of "five major transformations" to "open" the job fair into the prison and invite released prisoners to show up.

  On January 4th this year, Hubei Provincial Prison Administration held a meeting to promote the pilot work of "Five Major Reforms" model prisons in Shayang Guanghua Prison, and summarized the working experience of each pilot prison. In order to implement the new requirements of the Ministry of Justice on the "Five Major Reforms" of prison work, which is "guided by political reform, promoting supervision reform, education reform, cultural reform and labor reform as a whole", in 2018, the Party Committee of Hubei Provincial Prison Administration deployed and carried out pilot projects of demonstration prisons with the "Five Major Reforms" as the main contents in Shayang Guanghua Prison, Xianning Prison, Hanjiang Prison and Huangzhou Prison.

  "With the combination of point and surface, we will first grasp the pilot demonstration and then fully promote it in the province." Hao Aimin, secretary of the Party Committee and director of Hubei Prison Administration, said that this is a working idea and an important measure for the prison system in Hubei Province to stick to the bottom line of safety, practice the purpose of reform and promote the new pattern of "five major reforms" as a whole.

  Political culture infiltrates into the prison area, political books cover into the prison house, political reform day study week gives comments, and the warden gives the new prisoners the first lesson of political reform … … Over the past year, the Hubei Provincial Prison Administration has held three seminars on model prisons, set up a leading group and office for the creation of model prisons, and formulated and promulgated the Implementation Plan for the Pilot Work of Hubei Model Prison. Four pilot prisons, including Shayang Prison Administration, have deployed elite forces to set up special classes to carry out their work.

  Nowadays, four pilot units of model prisons have explored their own unique transformation models — —

  Shayang Guanghua Prison adheres to the guidance of party building, and comprehensively implements the "five-oriented" transformation model of transparent, standardized and refined management, systematization of political transformation, permanence of team institutions, classroom-based learning and education, routine education reform and effectiveness of assessment and evaluation; Xianning prison fully implements the standardization of all work, and actively constructs a new management mechanism of grading and handling in charge of detention, an incentive mechanism for penalty execution, a new labor reform and correction mechanism and an innovative mechanism for educational reform; Huangzhou Prison promotes the reform of the prison area system, dividing the prison area according to the floor, effectively improving the prison safety factor and promoting the flat and scientific prison management; Hanjiang Prison, as a demonstration prison for Internet application determined by the Ministry of Justice, realizes standardization of hardware facilities and intelligent on-site management, and the standardized management of labor sites is at the forefront of the country.

  As small as a toothbrush and a pen are shortened; The water temperature of prisoners’ drinking water should be controlled at about 70 degrees after boiling, so as not to hurt people by boiling water … … During the observation in Shayang Guanghua Prison, the small details carefully set in the prison area won praises from the participants.

  "In order to strengthen political reform, we require prisoners to take political reform classes from the time they enter the prison, regularly raise the national flag, watch red movies, and also hold activities such as theme essay writing and red song contest, so that political culture can enter the prison area and enter the prison house, realizing full coverage of the whole process of political reform." Zhang Rongsheng, Party Secretary and Warden of Shayang Guanghua Prison, introduced.

  Statistics show that in 2018, the number of criminals violating discipline in Shayang Guanghua Prison decreased by 13% year-on-year, and the number of people taking the high school entrance examination increased by more than 7 times year-on-year.

  In an interview with the reporter of Legal Daily, Xiong Hao, secretary of the Party Committee and director of Xianning Prison, said that in order to improve the ability and level of promoting the "five major reforms", Xianning Prison divided the police into three categories: supervision reform, education reform and labor reform, and classified the selection and employment, education and training, evaluation and assessment, and the professional level of the police continued to improve.

  "The pilot demonstration prison is an important measure to implement the work deployment of the Ministry of Justice, an important content to implement the comprehensive deepening reform work of the Hubei Provincial Party Committee, and an important starting point for promoting prison work." Hao Aimin said that in the next step, the province’s prison system will set an example in nine aspects, such as improving the quality of prisoners’ reform, standardizing law enforcement, intelligent construction, reform and innovation, cultural construction, party building and discipline style, so as to continuously improve the overall management level of prisons.

On the two directions of newspaper transformation and breakthrough

Original zhaobaoquan communication

In the second decade of 21st century, the decline of China’s paper media has lasted for seven years, and the decline of the world’s paper media has lasted for ten years. Every year, a large number of newspapers in China are closed down or changed into electronic editions, and a large number of newspapers are stubbornly making breakthroughs in transformation and carrying out reform iterations. Where is the direction of newspaper transformation? The author believes that the paper media should carefully analyze the media ecology it faces and find the direction of transformation and development in order to achieve a breakthrough in transformation.

First, the origin of the theory of newspaper extinction

2009 is a watershed in the development of global newspaper industry.

Since 2009, European and American newspapers have fallen sharply, and hundreds of newspapers or magazines in the United States have been forced to close or turn into electronic editions. Christian Science Monitor, a century-old newspaper founded in 1908, announced the closure of the paper edition in April 2009; Reader’s Digest, which was founded in 1922 and had a circulation of 17 million copies, filed for bankruptcy protection in August 2009. The 27-year-old French Chinese-language newspaper "European Daily" announced that it would be closed on August 31, 2009.

In fact, the topic of "the death of newspapers" originated in the 1990s. In 1994, American futurist Michael Crichton called newspapers "media dinosaurs". Howard Kurtz, a media critic in Washington Post, called the newspaper industry a "smell of death".

In the 21st century, the death of daily newspapers even has a clear forecast time. In 2005, Philip Meyer, a professor at the School of Journalism at the University of North Carolina in the United States, predicted the future of daily newspapers in the book "Disappearing Newspapers: How to Save Newspapers in the Information Age": By 2015, the trend line of readers’ confidence in newspapers will reach zero. If this trend line is extended, the readers of daily newspapers will return to zero by the end of the first quarter of 2043. This is the origin of the widely quoted prediction that one day in 2043, the last daily reader will check out and leave.

In 2008, Professor Philip Meyer published the article "Elite Newspapers of the Future" in the American News Review, which revised the previous prediction and proposed that "the number of daily newspaper readers will decline more sharply" and "the last reader who reads newspapers every day will disappear earlier than October 2043."

Just as the newspapers and periodicals in Europe and the United States issued a death cry, the newspapers in China were doing their last carnival in a climax, and the journalists in China didn’t feel or felt or didn’t want to believe that the cold winter was coming.

The newspaper industry in China began to decline in 2012, and the advertisements of urban newspapers began to decline in half every year in 2013. In 2014, the biggest news in the newspaper industry was that Shanghai Evening News was closed for business reasons. In 2016, two landmark urban newspapers, Oriental Morning Post in Shanghai and Jinghua Times in Beijing, closed.

In the past five or six years, the tide of newspaper closure has been going on, and at the end of the year and the beginning of the year, news of newspaper closure will come. Around New Year’s Day in 2019, about 20 newspapers in the country stopped publishing. In 2020, there are still a number of newspapers that have announced their closure, namely Wuhan Morning Post, City Express (Tianjin), Tianfu Morning Post, Zigong Evening News, Benxi Evening News, Qidu Morning News (Wenshan, Yunnan), Life Daily (Shandong), Ji ‘an Evening News (Jiangxi), Lhasa Evening News, etc.

In the last two years, most of the newspapers that stopped publishing were urban newspapers in provincial capitals, and the development trend of newspapers obviously formed a pattern of "one party for one night" in provincial and big cities. Most of the newspapers that stopped publishing in prefecture-level cities were evening newspapers run by local party newspapers, which made second-and third-tier cities form a "one newspaper mode" that only kept daily newspapers. This shows that the reading rate of newspapers has dropped sharply and the living space has shrunk further.

Second, the era of technology "kidnapping" civilization

The survival and development of any species is not a single person fighting, but depends on and creates ecology. When the ecology changes dramatically, species variation will occur, and species that cannot adapt to the new ecology will decline or even die out.

The development of the media industry is also an ecological evolution. The meteorite of the Internet, especially the mobile Internet, hit the traditional media industry, and the ecological change was as fierce as that asteroid hit the earth.

Because, we have encountered an era when technology "kidnapped" civilization.

The paper media is experiencing a "thousand-year-old change".

In history, the publishing and media industry in China has experienced two technological revolutions: the first revolution was from bamboo slips to printing. During the Qing Dynasty of the Northern Song Dynasty (1041-1048), Bi Sheng, a native of Hubei Province, invented movable type printing in Zhejiang. In the era of bamboo slips, it is impossible for cultural products to be copied in large quantities. Even with block printing, it is very difficult to copy a lot of information, especially fragile news information in batches. Movable type printing enables information to be copied in large quantities, which makes culture popular and information spread rapidly.

A direct effect is that a newspaper with modern communication significance appeared in the Song Dynasty-the "Di Bao" which was printed and distributed instead of a manuscript.

The second great change is today, thousands of years later, and the digital revolution has put printing (books, newspapers and periodicals) in an embarrassing situation. Interestingly, the two major changes happened just a thousand years ago, which is exactly what the sentence said: a change that has never happened in a thousand years.

Digitalization has changed human life and also changed human reading habits. Paper is no longer the main media form in the future, and various screens are evolving into the main media communication form.

No era has seen the survival and development of culture as it is today, and the influence of technology is so great that technology has played a decisive role in the development of culture and civilization. For example, the mobile Internet has completely changed the way culture spreads, which is an era when technology "kidnaps" civilization.

Third, the acceleration of information media iteration

The Internet impacts the paper media first, because the limitation of newspapers is inherent.

Newspapers, called Newspapers in English, are "newsprint". As the name implies, they are papers that publish and disseminate news. The most important thing in news is timeliness. The timeliness of newspapers is 24 hours, that of weekly magazines is 7 days, and that of monthly magazines is one month.

In the era of information shortage, human beings get news information mainly by reading newspapers, because newspapers have a large news load, and radio and television are limited by time periods, and the news load is small. Under normal circumstances, TV news can’t do as well as newspapers. Due to the limitation of TV broadcast time and duration, news events are difficult to explain clearly, but the timeliness of TV is dominant-it can be broadcast on the same day or even live. For many years, newspapers and radio and television have a strong and weak complementary relationship in news information, which has lasted for decades.

The emergence and popularization of the Internet broke this balance in one fell swoop.

First, the timeliness of information dissemination on the Internet is in seconds, which can be released at any time, modified at any time, followed up at any time and updated at any time. This is a war that cannot be won for a newspaper with a 24-hour cycle.

Second, compared with TV, the network has capacity advantages in addition to timeliness advantages. Cyberspace is infinite in theory, and the time for TV to broadcast news is limited.

Third, from a geographical point of view, network communication has no geographical restrictions and can quickly spread news throughout the country or even around the world. In the first decade of the 21st century, there appeared a situation in which newspapers asked the Internet to forward their manuscripts, even taking the number of manuscripts forwarded by the Internet as the evaluation standard. It was called the era of "newspapers vying for favor with the Internet", which was really a "happy suicide phenomenon".

Fourth, the instant interactive participation of online news is a powerful means that newspapers and radio and television can’t match. The satisfaction of network arouses the sense of participation and expression of human beings. It is inevitable that the newspaper’s boss attitude of "whether it is up to me or not" will be abandoned under the form of network equality.

From the perspective of prescription, compared with the Internet, newspapers are basically "old news". Gong Shuguang, the founder of xiaoxiang morning herald, put forward the "old news theory" of newspapers shortly after the newspaper was founded. He believes that compared with the internet, the information made by newspapers is not news, but old news. Because when the newspaper came out, the news was out of date, and even because of the qualitative change of news events, the newspaper report became "fake news" Because it has been a long time since the newspaper reached the readers through interview, editing, peer review, edition assembly, signature, publication, printing and delivery, the news may have undergone fundamental changes. This form of old news has become a major defect of newspapers in the network age, and it is also a major defect that newspapers themselves cannot solve.

The decline in newspaper advertisements since 2012 and the cliff-like decline since 2013 are not accidental, let alone coincidental. Because 2012 is a year of rapid development of mobile Internet, the main channel of online news dissemination has migrated from computer PC to mobile phone. Two landmark events are: in January 2011, Tencent launched WeChat; In August 2012, today’s headlines went online, and the social war and information war on the mobile side had a new overlord.

A cruel fact is that it is not that newspapers are not good-looking, but that you don’t need to read newspapers to read the news. Mobile phone information dissemination speed, forms of expression (text, video, animation), instant update, editing and reading interaction, whether from news timeliness, reading pleasure or interactive participation, the Internet has completely surpassed the paper media, and the mission of paper media as news information dissemination has come to an end.

Fourth, the inherent fatal weakness of urban newspapers

The great changes in the mode of communication almost killed the paper media, and the first one to decline was the urban newspaper, because the urban newspaper had an inherent fatal weakness, which was the defect of its business model. The prosperity of the day after tomorrow temporarily covered up this defect, and the Internet led to the differentiation between the information reading market and the advertising market, making this defect irreparable. This is what Mr. Xi Wenju, the "father of China Metropolis Daily", did not think of when he founded the mode of Metropolis Daily.

On January 1st, 1995, Xi Wenju, a newspaper legend affectionately called "Father Xi", founded Huaxi Dushi Bao, the first metropolis newspaper in China. Xi Wenju summed up a set of theories and methods for establishing a new type of city newspaper, comprehensively and systematically established the operating concept of newspaper marketization and a brand-new competitive strategy, which made Huaxi Dushi Bao rise rapidly and opened the "Metropolis Times" of China newspaper industry. Xi Wenju was known as the "Father of China Metropolis Daily".

The inherent defects of the business model of metropolis daily founded by "Xi Laoye" are: issuing at a reverse price and selling twice.

According to the general commodity law, the cost of a commodity is one yuan, and it must be sold for at least one yuan. This is called shun price, and the sales price is higher than the cost price. This is common sense.

But urban newspapers are not. Urban newspapers are sold at a very low price. How low is it? The printing cost of newspapers in 1 yuan or even those in 5 yuan costs 50 cents, which is still the retail price and the wholesale price is 20 cents. If you sell a copy at the lowest cost of 1 yuan money, you will lose 80 cents. If you issue 500,000 copies and have more pages, you will lose 400,000 a day in printing fees. This is only the printing cost, not including labor costs and office expenses. Printing costs will lose 100 million to 200 million a year.

The business logic of the reverse-price issuance of metropolis daily is: to exchange readers’ reading at a low price, and then to concentrate readers’ reading for the second sale, which is "secondary sale". The first sale is a loss. If the second sale can make up for the money lost in the first sale, this business logic can be played. If the second sale can’t make up for the loss of the first sale, the problem will come immediately.

The prosperous newspaper advertising market covers up the inherent achilles heel of metropolis daily, that is, the problem of profit model. Reverse price issue is a huge worry and has become a double-edged sword. As a new newspaper, in order to seize the reading market, the low price and "knocking on the door" invented by Xi Wenju made the metropolis newspaper seize the reading market quickly, and low price became a magic weapon. Nanjing, Jiangsu Province is a place where newspaper competition is relatively concentrated. Modern Express, Yangzi Evening News, Nanjing Morning News and Jinling Evening News are all doing well, and the price war is the bloodiest, and even newspapers with a retail price of 10 cents appear. In Changsha, Hunan Province, there was also a big discount for similar financial products that were returned three times in the first year of publication and in the third year. It is said that someone ordered 5,000 copies and made a big windfall.

Murphy’s Law, known as one of the three major discoveries of western culture in the 21st century, points out that the more you worry about, the more likely it is to happen. By 2013, what Metropolis Daily was most worried about happened. The first sale was still at a loss, but the second sale was in a cliff-like decline. Many newspapers fell by half, so newspapers fell into a vicious circle of "issuing at a reverse price and selling twice".

On the other hand, the "golden decade" of Metropolis Daily is a decade of great development of China’s real estate and automobiles. With the state’s regulation of real estate, overheated real estate began to cool down, and automobiles began to saturate. Newspaper advertisements declined for the first time since 2011. Although the amount of advertisements in metropolis daily is large, its structure is unreasonable, mainly relying on real estate and cars, which has also become one of the reasons for the structural collapse of advertisements.

Fifth, the misunderstanding of the Internet run by paper media

Of course, the paper media practitioners have seen the advantages of network communication. The paper media represented by the newspaper industry began to "integrate newspapers and networks" very early. There is no newspaper that has not run a news website, and there is no newspaper that does not shout "transformation to the Internet".

Around 2008, the tide of newspaper transformation came to the fore. The biggest transformation is Metropolitan Express, a subsidiary of Hangzhou Daily. The 19th Floor, an online community they founded, established Hangzhou Nineteenth Floor Network Co., Ltd. as early as 2006, which became an important part of the new media strategy of Hangzhou Daily Newspaper Group and Metropolitan Express. The company takes "where there is a city, there is an active 19th floor" as its entrepreneurial vision, and its main business has developed rapidly since its establishment. In addition to Hangzhou, the 19th Floor has successfully copied the 19th Floor in nearly 30 cities, including Taizhou, Jiaxing, Ningbo, Suzhou, Chongqing, Fuzhou, Jinhua and Shaoxing, through strategic cooperation, mergers and acquisitions, and created an urban network community with local attributes.

More newspapers use the means of running newspapers to make websites. The method is very simple, that is, running a news website and then moving the news content of newspapers online. There are many and miscellaneous contents, and there is no effective promotion means. Most of them have become things that newspapers talk to themselves and entertain themselves. The report is huge and the actual influence is greatly reduced.

After the rise of the mobile Internet, some newspapers have developed APP news clients at a very fast speed. Because there is no promotion method and the content and form do not meet the requirements of Internet communication, many newspapers have become "online versions", and most of them have become "dead souls" who are very lively and seemingly beautiful.

In the transition to new media, newspapers all over the country spend a lot of money, but few can really form influence and authority.

Sixth, the era of mass communication has changed rapidly

While the internet subverts the means of communication, the crowd, that is, the "audience" mentioned by the media, has also quietly changed, from the public to the focus, from the group to the circle.

The vigorous development of urban newspapers enriches information; With the rapid development of Internet, information has quickly entered the era of surplus from the era of shortage.

The huge amount of information on the Internet not only makes information enter the era of surplus from the era of shortage, but also quickly makes information transition from the era of mass to the era of focus. People are divided into different circles because of their different preferences. People are divided into different circles because of personal values, hobbies, personal experiences and other reasons. The crowd is rapidly subdivided, and the media enters the era of focus. Correspondingly, the mass economy also quickly enters the era of social economy.

Popular newspapers and periodicals are declining rapidly, and their readers are divided in an all-round way. Because of their inaccurate positioning, popular newspapers and periodicals can’t find their own people in the era of focus, and they don’t know who to read them to, which leads to the obvious decline of two kinds of media. One kind is urban newspapers. After golden decade, which is relatively short of information, when it enters the era of information surplus, it soon can’t find its own readers and becomes a big and unreasonable category. The other kind is abstract newspapers and periodicals, which are mostly geared to the public. Because of the diversification of communication means and the fragmentation of human reading time (mobile media era), people don’t need to choose for themselves, so they can read selectively on their mobile phones. This is the root cause of the decline of abstract newspapers.

Seven, the two directions of paper media transformation

Faced with the impact of the Internet tide, the paper media have sought to break through the transformation, forming two transformation directions: First, transforming themselves into a news production and communication organization, sticking to the news and no longer sticking to the paper media, and the transformation of Oriental Morning Post into "The Paper" is a successful case; The second is the transformation from operating media to operating users. Happy Old Man is a successful case.

At the end of 2016, the biggest news in the newspaper industry was that the last issue of Oriental Morning Post was fixed on December 31, and the mission of Oriental Morning Post ended, and the era of "The Paper" surged.

Oriental Morning Post was founded in 2003. Since 2013, it has been planning to transform into new media. From the beginning, it was a comprehensive transformation and a thorough transformation. Until 2017, when the paper newspaper was abandoned and the internet media was completely transformed, The Paper inherited and adhered to the original, in-depth and ideological reports at the core of Oriental Morning Post. Compared with the general internet media, it inherited the original and in-depth reports of the paper media and the rigorous style of manuscript expression, such as in-depth investigation, large-scale planning and revealing reports, making it a news production and dissemination organization with unique temperament. On the other hand, The Paper focuses on improving the originality of content, comprehensively improving the technical level, and combining technology and content to form new media products: AR, VR, full-motion video, H5 and other products that integrate various elements of news. The Paper is leading in China.

All-round transformation, inheriting the tradition of paper media news production, forming characteristic news products, and fully integrating into technology, has made The Paper a successful case of paper media transforming into Internet media.

In the ten years when the global paper media went down, there were also those that went up against the trend, one of which was Happy Old Man. Happy Old Man was founded in 2009 when the paper media in Europe and America declined, and in 2013 when the paper media in China declined, its circulation exceeded one million.

Happy Old Man puts forward a grand mission: "To provide solutions for the aging society in China". Put forward the road map of "from spiritual enclosure to industrial integration", and a newspaper will comprehensively enter the elderly industry.

After ten years’ hard work, Happy Old Man has become an old-age industrial phalanx with newspapers, magazines, websites, WeChat matrix, publishing, travel agencies, e-commerce companies and universities for the elderly, and has become an example of paper media’s industrial transformation in the Internet age.

The concept of the transformation of Happy Old People is: from operating media to operating people.

The transformation dilemma of most newspapers lies in that readers are not clearly positioned and don’t know who is reading the newspaper. Happy Old People has conducted in-depth research on the crowd and found a new trend of the elderly population in China: the "new old people" group has been formed.

Happy Old Man first put forward the concept of "new old man": the baby boomers after the founding of New China are growing into "new old people" completely different from the traditional old people. "New old people" refers to the largest baby boomer generation born in China from 1950 to 1970, which was the most typical in the 1960s. They have enjoyed the fruits of reform and opening up, with high income, large savings and good consumption concept. They have become a new consumer, and the cultural needs of the "new elderly" are just needed. Under the general trend of shrinking demand of the traditional elderly circle, the "new elderly" group has quietly grown into an obvious "small trend". Nowadays, the old-age industry is in the ascendant. Under the pain point of social old-age care, "cultural old-age care" has become a trend with great energy.

Under the general trend of the decline of paper media, there are two "small trends" of the media: the diversification of content and the accuracy of communication. For China, a populous country, "small is big", and any division will form a "public".

"Happy Old Man" does not do news as "old news" or focus on the public, but firmly grasps the focus that has a strong dependence on paper media-the elderly group, making "Happy Old Man" a newspaper that the elderly like, serving the people behind the newspaper, and taking the lead in stepping out of the "old road" of taking the media as a single product. This also found a way out for paper media: from operating media to operating people.

Along with this demand, apart from running newspapers, Happy Old People’s Newspaper also launched a series of cultural products: Fengwang WeChat Matrix specially serving "new old people", Kangyi Lived Over 100 years old magazine specially showing the elegance of elderly students, Happy Life Publishing House specially publishing books for the elderly, Mimetime International Travel Agency specially serving the elderly, Jiangsu Happy Old People’s E-commerce Company specially customizing products for the elderly, and launched the offline campus of Happy Old People’s University in 2017.

The transformation from operating media to operating people has made Happy Old People newspaper a single media product, and then become a service field for people, which has opened an infinitely broad space for media development.

The author believes that the above two successful cases represent the direction of the transformation and development of paper media in the era of integration. (The author is the president of Hunan Newspaper Association, the chairman of Hunan Happy Old People Industry Management Co., Ltd. and the president of Happy Old People Newspaper.)

Original title: "On two directions of newspaper transformation and breakthrough"

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