Deeply understand the party’s innovation theory in the new era

  Since the 18th National Congress of the Communist Party of China, the people of the Communist Party of China (CPC), with the Supreme Leader as the main representative, have persisted in combining the basic principles of Marxism with the concrete reality of China and the excellent traditional Chinese culture, and created the Supreme Leader’s New Era Socialism with Chinese characteristics Thought. The Supreme Leader’s Socialism with Chinese characteristics Thought in the New Era is contemporary China Marxism and 21st century Marxism, which is the essence of Chinese culture and China spirit, and has achieved a new leap in the China of Marxism. We should combine the process of historic achievements and changes in the cause of the Party and the state since the 18th National Congress of the Communist Party of China, profoundly study and understand the Party’s innovation theory in the new era, strive to master the positions, viewpoints, methods, theories and philosophies contained therein, and persistently arm our minds, guide practice and promote work with the latest achievements of the Party’s innovation theory.

  Broad and profound ideological system

  The Supreme Leader’s Socialism with Chinese characteristics Thought in the new era covers reform, development and stability, internal affairs, foreign affairs and national defense, running the party, country and army, etc. It runs through Marxist philosophy, political economy and scientific socialism, integrates Chinese excellent traditional culture and outstanding achievements of human civilization, coordinates the two overall situations at home and abroad, systematically answers major issues of the times from the combination of theory and practice, and deepens the understanding of communist party’s ruling law, socialist construction law and human social development law with a brand-new vision.

  Scientifically answer the question of what kind of Socialism with Chinese characteristics and how to adhere to and develop Socialism with Chinese characteristics in the new era. The most essential feature of Socialism with Chinese characteristics is the Communist Party of China (CPC)’s leadership, and the greatest advantage of Socialism with Chinese characteristics system is the Communist Party of China (CPC)’s leadership. The overall layout of Socialism with Chinese characteristics’s cause is five in one: economic construction, political construction, cultural construction, social construction and ecological civilization construction. The strategic layout is four in one: building a socialist modern country in an all-round way, deepening reform in an all-round way, ruling the country according to law in an all-round way and strictly administering the party in an all-round way. It is necessary to promote the overall layout of "five in one" and the strategic layout of "four in one" in a coordinated way.

  Scientifically answer the questions of the times about what kind of socialist modernization power to build and how to build a socialist modernization power. To uphold and develop Socialism with Chinese characteristics, the overall task is to realize socialist modernization and the great rejuvenation of the Chinese nation. On the basis of building a well-off society in an all-round way, we will build a prosperous, strong, democratic, civilized, harmonious and beautiful socialist modernization power in the middle of this century in two steps, and promote the great rejuvenation of the Chinese nation with Chinese modernization. Chinese-style modernization is a modernization with a huge population, the common prosperity of all people, the coordination of material civilization and spiritual civilization, the harmonious coexistence of man and nature, and the modernization of peaceful development.

  Scientifically answer the issue of the times about what kind of Marxist political party to be in power for a long time and how to build it. Adhere to and strengthen the Party’s overall leadership, adhere to the Party’s management of the Party, strictly manage the Party in an all-round way, comprehensively promote the Party’s political construction, ideological construction, organizational construction, work style construction and discipline construction, run through the system construction, deepen the anti-corruption struggle, continuously improve the quality of Party building, and build the Party into a Marxist ruling party that is always in the forefront of the times, wholeheartedly supported by the people, brave in self-revolution, able to withstand all kinds of storms and tests, and lead the great society with great self-revolution.

  The Central Committee of the Communist Party of China’s Resolution on the Great Achievements and Historical Experience of the Party’s Hundred Years’ Struggle, which was adopted at the Sixth Plenary Session of the 19th CPC Central Committee, systematically summarized the core content of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era with "Ten Definitions", showing that this thought is a scientific system with strict logic, rich connotation and profound knowledge.

  Deep and lasting people’s feelings

  The people’s nature is the most distinctive character of Marxism, and the people’s position is the fundamental political position of our party. The Supreme Leader’s Socialism with Chinese characteristics Thought in the new era makes it clear that the main contradiction in our society in the new era is the contradiction between the people’s growing need for a better life and the unbalanced development. We must adhere to the people-centered development thought, develop people’s democracy in the whole process, promote people’s all-round development and make more obvious substantive progress in the common prosperity of all people, and show profound and lasting people’s feelings.

  Take the people’s yearning for a better life as the goal. When meeting with Chinese and foreign journalists in the 18th The Politburo Standing Committee (PSC), General Secretary of the Supreme Leader put forward: "The people’s yearning for a better life is our goal." In the report of the 19th National Congress of the Communist Party of China, General Secretary of the Supreme Leader pointed out: "The initial intention and mission of the Communist Party of China (CPC) people is to seek happiness for the people of China and rejuvenation for the Chinese nation." At the celebration of the centenary of the founding of the Communist Party of China (CPC), General Secretary of the Supreme Leader emphasized: "Jiangshan is the people, and the people are Jiangshan. Fighting and defending Jiangshan is the people’s heart. The Communist Party of China (CPC) is based on the people, the blood is in the people, and the strength is in the people. " These important expositions have fundamentally answered the question of "for whom" and vividly interpreted the fundamental position of the Communist Party of China (CPC) people and the fundamental purpose of serving the people wholeheartedly.

  Adhere to the historical materialism that the people are real heroes. The General Secretary of the Supreme Leader emphasized that "the Chinese dream is the people’s dream in the final analysis, and it must be realized closely by the people, and it must continue to benefit the people." "We must put the people’s interests first, and at any time and under any circumstances, our position of sharing the same destiny with the people cannot be changed, the purpose of serving the people wholeheartedly cannot be forgotten, and the historical materialism view of firmly believing that the people are real heroes cannot be lost." "Forgetting the people, divorced from the people, we will become water without resources. These important expositions have fundamentally answered the question of "who to rely on" and fully reflected that the people are real heroes, the people are the fundamental force that determines the future and destiny of the party and the country, and we must rely on the people to create great historical achievements.

  Carry out the mass line in all activities of governing the country. The General Secretary of the Supreme Leader pointed out, "In the past, present and future, we must persist in doing everything for the masses, relying on the masses, coming from the masses and going to the masses, turning the Party’s correct ideas into the conscious actions of the masses, and implementing the mass line in all activities of governing the country." Since the 18th National Congress of the Communist Party of China, our Party has adhered to the mass line, led the people forward by putting forward and implementing correct theories, lines, principles and policies, improved policy propositions from the people’s practical creation and development requirements, and sought solutions and methods from the masses, so that the decisions made and the implementation of the decisions can fully reflect the people’s opinions and effectively solve the most direct and realistic interests of the people.

  Effective practice of great power

  Great times produce great ideas, and great ideas lead great times. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has promulgated a series of major principles and policies, launched a series of major measures, pushed forward a series of major work, overcame a series of major risk challenges, solved many long-term unsolved problems, and accomplished many major events that were attempted but failed in the past, which promoted the historic achievements and changes in the cause of the party and the country. Socialism with Chinese characteristics Thought of the Supreme Leader in the new era has exerted great power in guiding and promoting practice.

  Adhere to and strengthen the overall leadership of the party and implement the strategic policy of comprehensively and strictly administering the party. Since the 18th National Congress of the Communist Party of China, the authority of the CPC Central Committee and centralized and unified leadership have been strongly guaranteed, the leadership system of the Party has been continuously improved, the leadership style of the Party has become more scientific, the whole Party has become more unified ideologically, politically and in action, and the Party’s political leadership, ideological leadership, mass organization and social appeal have been significantly enhanced. Give full play to the role of political guidance and political guarantee of strictly administering the Party in an all-round way, the Party’s ability of self-purification, self-improvement, self-innovation and self-improvement has been significantly enhanced, the loose and soft situation of managing the Party has been fundamentally reversed, the anti-corruption struggle has been overwhelmingly won and comprehensively consolidated, and the Party has become stronger in revolutionary forging.

  Adhere to and improve the Socialism with Chinese characteristics system, and promote the modernization of the national governance system and governance capacity. The Third Plenary Session of the 18th CPC Central Committee determined the overall goal, strategic focus, priority, main attack direction, working mechanism, promotion mode, timetable and road map for comprehensively deepening reform. The Party has made all-round efforts to promote the reform, made breakthroughs in many ways, and made steady and in-depth progress. From tamping the foundation platform and erecting columns and beams to all-round advancement and accumulation, and then to system integration, coordination and efficiency, the basic institutional framework in various fields has been basically established, and many fields have achieved historic changes, systematic reshaping and overall reconstruction. Socialism with Chinese characteristics’s system has become more mature and stereotyped, the modernization level of the national governance system and governance capacity has been continuously improved, and the cause of the party and the state has given new vitality.

  Achieve the goal of building a well-off society in an all-round way as scheduled and solve the problem of absolute poverty that has plagued the Chinese nation for thousands of years. China has won a comprehensive victory in the fight against poverty, completed the arduous task of eliminating absolute poverty, and created another miracle in history. China’s economic strength, scientific and technological strength, comprehensive national strength and people’s living standards have leapt to a new level, becoming the world’s second largest economy, the largest industrial country, the largest commodity trading country and the largest foreign exchange reserve country. China’s economy has embarked on a road of higher quality, more efficiency, fairer, more sustainable and safer development.

  Precious original contribution

  Marxism has profoundly changed China, and China has greatly enriched Marxism. Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era clearly runs through Marxist standpoints and methods, embodies the theoretical character and spiritual essence of Marxism, shines with the brilliance of Marxist truth, and makes original contributions to the development of Marxism.

  In the aspect of Marxist philosophy, it emphasizes that "the problem is the manifestation of the contradiction between things" and "we should be good at understanding and resolving contradictions as a breakthrough to open the work situation", which enriches and develops the Marxist theory of contradiction; Emphasizing that "system concept is a basic thought and working method", coordinating development and safety, coordinating epidemic prevention and control and economic and social development, etc., developed Marxist system theory; It is emphasized that "historical development has its laws, but people are not completely passive in it", so we must grasp the laws and general trends of historical development, strengthen our historical self-confidence and grasp the historical initiative, which enriches and develops the idea of dialectical unity of historical laws and subjective initiative; Wait a minute.

  In the aspect of Marxist political economy, it puts forward an important theoretical viewpoint of strengthening the party’s overall leadership over economic work, which enriches and develops the theory of Marxist political economy on the relationship between economy and politics; Put forward the people-centered development thought, which enriches and develops the theory of Marxist political economy on the essence of socialist economy; Put forward to establish and adhere to the new development concept of innovation, coordination, green, openness and sharing, and enrich and develop the theory of Marxist political economy on the principle of economic development; Put forward a major conclusion that China’s economy has turned from a high-speed growth stage to a high-quality development stage, enriching and developing the understanding of Marxist political economy on the stage of economic development; Put forward the important idea of promoting and perfecting the socialist market economic system, which enriches and develops the theory of Marxist political economy on market economy; Put forward the major policy of supply-side structural reform, which enriches and develops the theory of Marxist political economy on the relationship between production and demand; Put forward a major strategy to build a new development pattern, enriching and developing the theory of social reproduction in Marxist political economy; Put forward the important idea of promoting the healthy development of economic globalization, and enriched and developed the theory of Marxist political economy on the world economy.

  In the aspect of scientific socialism, it is proposed that China has entered a new stage of development, enriching and developing the theory of socialist development stage; It is pointed out that the main contradiction in our society in the new era is the contradiction between the people’s growing need for a better life and the unbalanced development, which enriches and develops the theory of socialist social contradictions. Reveal the essence and characteristics of the new road of Chinese modernization, put forward the strategic deployment of building a socialist modernization power, and enrich and develop the theory of socialist modernization; Emphasizing strengthening the overall leadership of the party and strictly administering the party in an all-round way, and innovatively developing the Marxist theory of party building; Wait a minute.

  The Sixth Plenary Session of the 19th CPC Central Committee emphasized that the Party’s establishment of the core position of the Party Central Committee and the whole Party, and the guiding position of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, reflected the common aspiration of the whole Party, the whole army and the people of all ethnic groups throughout the country, and was of decisive significance to the development of the cause of the Party and the state in the new era and the historical process of promoting the great rejuvenation of the Chinese nation. We should further study and understand Socialism with Chinese characteristics Thought as the supreme leader in the new era, have a deeper understanding of the decisive significance of "two establishment", strengthen "four consciousnesses", strengthen "four self-confidences" and achieve "two maintenance", and forge ahead in unity and courage in the new era and new journey.

  (This article Source: Economic Daily Author: China Academy of Social Sciences Supreme Leader New Era Socialism with Chinese characteristics Thought Research Center Author: Xin Xiangyang Chen Zhigang)

  (Editor: Wu Xiaojuan)

Beijing’s "business to live" has encountered a curse.

    Completed non-residential projects cannot be divided without authorization, and the future development trend of commercial projects is mainly self-sustaining, whole rent and whole sale.

   With the further deepening of the regulation of the property market, "business to live" is also entering the scope of regulation.

  Following Beijing’s ban on layered and separate sales of hotel projects in May 2010, the Beijing Municipal Commission of Housing and Urban-Rural Development recently issued the Notice on Strengthening the Registration Management of Houses in Completed Non-residential Projects (hereinafter referred to as the Notice), requiring that completed non-residential projects be prohibited from being divided without authorization. The industry believes that this policy has blocked the way out of "business to live" and has had a great impact on the psychology of developers.

  Split bulk sales tightened again.

  It is reported that according to the provisions of the Notice, the so-called completed non-residential projects, including commerce, office, supporting facilities, public buildings, supporting public buildings, non-supporting public buildings, comprehensive buildings, etc., should be operated and used in strict accordance with the housing design purposes approved by the plan, and unauthorized division is prohibited. If it is really necessary to change the layout of the house, the design and construction drawings should be re-issued by the design unit with corresponding qualifications without changing the purpose of the house planning and design, and reported to the construction drawing review agency for review in accordance with the regulations. If the housing division involves public parts, it should also obtain the unanimous consent of interested owners.

  It is understood that due to the booming residential market in the past two years, commercial real estate is relatively depressed, and the cost of commercial land is low. Many developers take risks and divide non-residential projects into residential scattered sales, so they also make a lot of profits. However, the "commercial change to living" has many disadvantages. With the deepening of regulation, the "commercial change to living" products have also entered the scope of regulation.

  As early as May last year, the Beijing Municipal Commission of Housing and Urban-Rural Development had issued the Notice on Strengthening the Sales Management of Hotel Projects, requiring that hotel projects should not arbitrarily change the nature and planned use of the project land, and should not be divided and transferred without approval. Moreover, the document also clarifies that hotel projects that have obtained the right to use state-owned land through transfer after May 31, 2010 are not allowed to be sold in layers or sets (rooms).

  The industry believes that the "Notice" is a continuation of the hotel’s change of residence in May last year. At that time, the government stated that it would take normative measures for commercial, comprehensive land and other projects to change residence after the hotel. Hotel projects are only a category of commercial change, and the scope of this new policy has been extended to all non-residential projects, which can be described as a comprehensive "blocking".

  The way out of "business to live" is blocked

  It is reported that the policy was promulgated on November 8, 2010 and officially implemented on December 1, 2010. During the interview with reporters, many developers said that they were waiting for the Municipal Commission of Housing and Urban-Rural Development to issue further implementation rules, and this month they were in the period of policy digestion and wait-and-see.

  A developer of a state-owned enterprise in Beijing told reporters that if the "business to live" is to be sold separately, the products will be reported to the Beijing Municipal Commission of Housing and Urban-Rural Development before construction, and the construction plan of the project will be approved, and the units will be basically divided, and the pre-sale will be carried out according to the divided units. After completion, the divided real estate license will be obtained as planned, and there should be no problems in the formalities. Moreover, most of the "commercial-to-residential" projects in the market will be divided at the beginning of planning and construction. This policy affects that houses that have obtained property certificates after completion want to change their planning and sell them separately.

  Chen Yunfeng, secretary general of China Real Estate Professional Managers’ Union, believes that the new notice has blocked the way out for "changing business to living". "For example, some shopping malls were originally commercial when the project was established. After the completion, developers first got property right card. If they want to’ change their business to live’, they will be divided into many houses for residential sale. At this time, surveying and mapping must be carried out, and surveying and mapping is a necessary condition for handling property certificates. This link is stuck, and the completed non-residential projects still want to be sold as houses, so there is no way out. "

  Although it affects the completed "business to live" project, it also has a big impact on the psychology of developers.

  "In the future, the policy risk of doing business and changing to living projects will be further increased. The trend of commercial projects is mainly self-sustaining, whole rent, whole floor or whole building sale, which tests the financial strength of developers," said one developer.

  ■ market follow-up

  The items on sale are not affected.

  At present, there are still many "business-to-residence" projects on sale in the Beijing market, and because they are non-residential projects and are not restricted by the residential purchase restriction policy, they can still buy them with a down payment of 50% and an interest rate of 1.1 times.

  "After the announcement, we attach great importance to it, and we don’t know whether the project we are selling will have an impact." A developer in Yizhuang told reporters that peers are generally not clear. Because many companies have a lot of things at the end of the year, they have to wait for the notice from the Municipal Housing Construction Committee. It is understood that due to the positioning of Yizhuang Economic Development Zone, there is very little residential land in the core area of Yizhuang. At present, most of the land for sale in the regional market is commercial and industrial land.

  The above-mentioned developers admit that many property buyers are not very clear about the new policy, and there are few customers who ask during the purchase.

  Yesterday, the reporter called the Xishan International City project in Fushi Road, Haidian as a buyer, and asked whether the "prohibition of unauthorized division of completed non-residential buildings" would have an impact on the purchase of commercial and residential buildings. The sales staff of Xishan International City project said that they did not know about the new policy on commercial and residential buildings, but only knew that there was a restriction on changing businesses to live in May last year to ensure that the project would not be affected and that buyers could get independent houses. It is reported that the Xishan International City project is a LOFT project with 40 years of property rights.

  Yesterday, the reporter also called Daxing No.1 Commercial Project to establish a 50-year property right project. The person in charge of the project told the reporter that the project was approved for construction and sales before the introduction of the policy, which can ensure that the purchaser can get an independent property right certificate and has no impact on the approved project.

  It is more difficult to approve the projects to be built.

  It is reported that the "Notice" has been implemented since December 1 last year, and hotel projects that took land after May 31 last year have long been banned from selling. A number of restrictive policies of "changing business to living" have been introduced, which also has a great impact on the projects to be approved and built.

  According to a non-residential project developer who just applied for the pre-sale permit, the project has been adjusting its planning, so the pre-sale permit was delayed for a long time before it was taken down. Originally, the project wanted to do LOFT, but now the LOFT project of commercial and residential buildings is basically not approved, and finally only the small apartment of Jianping floor can be built.

  Previously, it was not feasible to make LOFT for residential projects due to factors such as storey height. Now, even for commercial projects, it is very difficult to make use of the advantage of storey height to make LOFT products, and the approval of "commercial change to residence" is obviously more difficult.

  The developer said that although the "Notice" regulates the behavior of "commercial change to residence" of completed non-residential buildings, it has also become a weather vane, and the approval of "commercial change to residence" will become more and more strict in the future.

  ■ Prospects

  Developers will be more cautious about taking commercial land.

  Although the New Deal has affected the completed project of "changing business into residence" for houses with property certificates, the policy of "changing business into residence" was introduced twice in one year, which also had an impact on developers’ investment in land acquisition.

  A developer of a state-owned enterprise in Beijing told reporters that the policy of strictly managing the "business-to-residence" project and encouraging self-sustaining is reflected from the prohibition of scattered sales of hotel projects to the prohibition of unauthorized division of completed non-residential buildings. At present, several large commercial projects in Beijing, such as Zhongfu plot and Dawangjing plot, require developers to be self-sustaining. Self-sustaining business requires high financial strength of developers. If it cannot be sold, only large developers will have the strength and management ability to take commercial plots.

  Previously, many developers avoided the competition of popular residential plots, and made a lot of money by selling commercial plots as lofts. At present, taking commercial plots for housing should consider policy risks, and also consider whether the products you want to make can be successfully approved. Commercial plots have always been cold, and it will be even colder if they cannot be sold as houses.

  A Daxing developer said that commercial and residential buildings are also a product needed by the market. Commercial and residential buildings can register enterprises, work and live, which is a good choice for small and medium-sized enterprises. This product cannot completely disappear, and the market continues to have demand, and developers will continue to take land to make this product. However, in land acquisition, more consideration must be given to meeting the requirements of office and residence, rather than simply how to change commercial buildings into residential buildings.

  Some of the "Business-to-Housing" Projects on sale in Beijing

  (Unit: RMB/m2)

  Average price of real estate name and location

  500 meters south of No.1 Bridge of Majuqiao, Yizhuang, Hesheng World Village, 20000

  Sanyuan International Apartment Room 37000, No.66 Xiaguangli, Chaoyang District

  33000, No.69 Fushi Road, Haidian, Xishan International City

  Zhonghong Beijing Pixel Wuliqiao, Chaoyang District, 23000-28000

  Loft30150, northeast corner of Fengtai Shiliuzhuang Community, Shoukai Pomegranate School

  Jinke Baden Holiday Changping Xiaotangshan Sanatorium, opposite the east gate, from 16000

  38800, No.36 Guangqu Road, Shuangjing Chaoyang District, Shoucheng

  ■ Connection Construction Committee

  Divided items for sale are not affected.

  In view of the problem that buyers are most concerned about, whether the current purchase of "commercial change to residence" projects will be affected by the Notice, the person in charge of the Market Department of the Beijing Municipal Commission of Housing and Urban-Rural Development said that the object of the Notice is "completed non-residential projects", that is, the projects that have obtained the property right certificate can no longer be divided at will, but must comply with the relevant regulations of the state on fire control and carry out strict surveying and mapping.

  "The notice will not affect the existing division of commercial projects, which is a policy to further standardize the market." The person in charge said that the items on sale that have obtained the pre-sale certificate are not within the scope of this specification. For example, he said, "For example, a commercial project was originally sold to a bank on the first floor, and the latter wants to divide it into small pieces and then sell it, but now it will be restricted."

  This edition was written/reporter Yuan Yue from Zeng Hui

National drug collection forced pharmaceutical companies to bargain, and the price of star drugs dropped by over 90%.

  Beijing, August 24 (Reporter Zhang Ni) Recently, the third batch of state-organized centralized drug procurement with a procurement scale of tens of billions of yuan produced the results of the proposed election, and the publicity time was until the 23rd.

  This time, many star drugs have given "jumping prices", so that patients can see the real benefits. At the same time, domestic pharmaceutical companies are actively trying to survive under the background that the profit space is being pressed again.

  Data map: Zhejiang Anji automatic dispensing machine "on the job" Yu Danfei photo

  The third batch of medicines has been collected! Hypoglycemic drugs fell to less than one hair per tablet.

  Recently, the third batch of countries organized centralized drug procurement, resulting in a quasi-winning result.

  It is reported that a total of 189 enterprises participated in this procurement, resulting in 125 enterprises to be selected and 191 products to be selected, with an average price reduction of 53% and the highest drop of 95%.

  From the point of view of drug types, it is planned to include 56 varieties, involving more than 300 product specifications, and the types of diseases to be treated involve malignant tumors, hypertension, diabetes, mental diseases and so on.

  Compared with the second batch of national centralized procurement, the third batch of procurement rules have also been fine-tuned and optimized, and the maximum number of enterprises that can be selected has been further increased from 6 to 8.

  According to the "Announcement of the Results of the National Centralized Drug Purchase" published on the 20th, a total of 55 varieties were successfully purchased, and the number of drug varieties was close to the sum of the first two batches.

  In addition to the number of drug varieties far ahead of the two batches of centralized collection, the low price of the drug to be selected this time has also attracted attention.

  Take metformin, a commonly used drug for diabetes, as an example. In this collection, Chongqing Kerui Pharmaceutical reported the price of 0.015 yuan/tablet for 0.25g of metformin tablets, with the lowest price per tablet, with a drop of over 90%.

  For the majority of patients, this undoubtedly brings real benefits.

  Hu Shanlian, a professor at Fudan University School of Public Health, commented in an interview with the media that 55 kinds of drugs won the bid in the third national centralized procurement, which played a great role in improving the concentration of pharmaceutical companies, standardizing drug circulation, establishing payment standards for medical insurance drugs, improving the hospital drug list, improving the accessibility of patients’ drugs and reducing medical expenses in the future.

  Data map: A doctor is introducing drugs to patients. Photo by Wang Yiping

  Multinational pharmaceutical companies "retreat" and domestic pharmaceutical companies enter "price killing war"

  In the past, the original research drugs of many multinational pharmaceutical companies occupied a dominant position in the domestic market. Before two batches of centralized procurement, the decline in drug prices of foreign-funded enterprises has always been highly concerned.

  However, this time, multinational pharmaceutical companies have experienced a collective "big retreat" phenomenon, and many enterprises have been "out".

  Judging from the publicity results, only the original research drugs such as Mecobalamin tablets of Weicai, concentrated solution of levetiracetam for injection with excellent time ratio and linezolid tablets of Pfizer won the bid.

  Taking moxifloxacin hydrochloride and sodium chloride injection as an example, according to the data of wind Medical Library, the sales of domestic sample hospitals of moxifloxacin and sodium chloride injection in 2019 was 913 million yuan, and Bayer’s sales revenue as the original research pharmaceutical factory accounted for about 96.08%.

  However, in this collection, Moxifloxacin Hydrochloride and Sodium Chloride Injection won the bid by Tianjin Hongri Pharmaceutical and Hunan Aike Pharmaceutical, and Bayer, the original research pharmaceutical factory, was eliminated. Among them, Tianjin Hongri and Hainan Aike quoted 32.8 yuan and 35.27 yuan respectively.

  "For the original brand drugs, if they can’t keep up with the domestic prices, because they will generally drop to 70% and 80%, even if the number may be more after winning, there is no profit." Fu Gang, Vice President of china association of pharmaceutical commerce and Chairman of Baiyang Pharmaceutical Group, analyzed in an interview.

  In contrast to foreign pharmaceutical companies, although domestic pharmaceutical companies have an absolute advantage, they have also entered a "price killing war".

  In this collection, the number of enterprises that have reviewed the oral dosage form of metformin (0.25g, 0.5g) has reached 29, and the number of enterprises that have reviewed the dosage form of metformin (0.5g) has reached 17. The competition is fierce beyond imagination.

  According to the published results, only 8 companies including Tianfang Pharmaceutical, Beijing Wanhui Shuanghe Pharmaceutical and Unacon won the bid for metformin hydrochloride sustained-release tablets (0.5g).

  Among them, the price of the products of Beijing Wanhui Shuanghe Pharmaceutical Co., Ltd. is only 0.78 yuan, and the average single-chip price is less than 10 cents. The supply provinces cover Inner Mongolia, Heilongjiang, Shanghai and Hunan.

  Data Map: The drug vending machine appeared in Hezuo Road, Hezuo Street, Chengdu High-tech West Zone. Anyuan photo

  After three rounds of centralized purchasing, the pharmaceutical industry is undergoing reshuffle.

  Since the "4+7" pilot cities started the procurement of drugs in December 2018, pharmaceutical companies have experienced three rounds of "baptism".

  In January this year, the National Medical Insurance Bureau and other five departments issued the Notice, clarifying that the second batch of centralized drug procurement and use organized by the state will no longer select some areas to carry out pilot projects, and all provinces in the country and Xinjiang Production and Construction Corps will form a procurement alliance, in which all public medical institutions and military medical institutions will participate.

  In addition, the above-mentioned "Notice" also mentioned that medical institutions and retail pharmacies designated by medical insurance can participate voluntarily.

  Subsequently, the local upgraded version of the quantity procurement has also been released.

  For example, recently, the Shanghai Medical Insurance Bureau and the Shanghai Municipal Health and Health Commission jointly issued the Opinions, encouraging public medical institutions to carry out centralized bargaining procurement of drugs with quantity and budget on the basis of adhering to quality priority, ensuring dosage and ensuring payment back, and giving priority to drugs that are not included in the national and municipal procurement with quantity, especially drugs with abnormal prices (such as drugs with significantly higher prices than other brands of the same variety or drugs with obvious price increases) and drugs at their own expense.

  In the industry’s view, the expansion of centralized drug collection also means that for domestic pharmaceutical companies, the competition will become more and more fierce, and the "good days" of domestic generic drugs lying to make money have come to an end, and it seems to come faster than everyone expected.

  Fu Gang said that in the past, many pharmaceutical companies, whether foreign or domestic, sometimes a company developed a new drug and could recruit a marketing team of two or three thousand people. The proportion of sales expenses is too high.

  Obviously, this mode of operation can no longer adapt to the new market environment.

  Data Map: An automated production line of a pharmaceutical company is producing Chinese patent medicines. Liu xuemei

  Survival and symbiosis, where is the way out for pharmaceutical companies?

  Undoubtedly, the pharmaceutical industry in China is undergoing a change, and in the face of the industry change and the possible reshuffle effect, where is the future outlet for pharmaceutical companies?

  Innovation is, of course, the unchanging law of seeking new advantages.

  Take Hengrui Pharma, where many drugs won the bid, for example, in recent years, the investment of enterprises in R&D has been increasing.

  According to the data of its 2019 annual report, in 2019, Hengrui Pharma accumulated R&D investment of 3.896 billion yuan, up 45.90% year-on-year, and R&D investment accounted for 16.73% of sales revenue.

  For most unsuccessful enterprises, in addition to accelerating innovation, it is imperative to move to the off-campus market. However, how so many brand products continue to release value in the retail market is also a dilemma that pharmaceutical companies need to solve urgently.

  The industry environment forces enterprises to reform their marketing model. For example, the "commercial platform" set up by Fu Gang with Baiyang Medicine said that the "commercial platform" deeply links medical institutions, retail enterprises and industrial enterprises through omni-channel management, multi-category collaboration and digital marketing, optimizes marketing costs and improves marketing efficiency and standardization.

  "The cost of building a national sales team by a single pharmaceutical company in the off-campus market is too high, and this commercial platform enterprise is like a highway. The products of pharmaceutical companies are like cars. The more cars on the road, the lower the cost."

  Fu Gang said that it is unrealistic for pharmaceutical companies to support a national marketing team with thousands or even tens of thousands of people by several products. Industrial enterprises should regard all downstream customers as key links in their own value chain and actively cooperate to seek symbiosis and win-win. (End)

Lei Jun teaches you how to interpret YU7 easily. It is neither a royal wife nor overdue.

2024-12-10 15:11:05 Author: Y

Xiaomi Automobile announced the design of its first SUV model-YU7, and it is expected to be officially launched in June and July 2025. This news caused widespread concern, especially about the pronunciation of the new car named YU7, which triggered a heated discussion among netizens.

In response to the discussion caused by naming, Xiaomi CEO Lei Jun personally responded at the Weibo: "Many people ask how to read YU7? Just read Y-U-7 directly. " He also said that the meaning behind the naming will be explained in detail when the model is released.

Looking back, Lei Jun explained the naming meaning when he released it. SU stands for the abbreviation of Speed Ultra, which shows Xiaomi’s persistent pursuit of high performance. As for the pronunciation of SU7, the internal team decided to affectionately call it "Su7".

According to the application information of the Ministry of Industry and Information Technology, the length, width and height of Xiaomi YU7 are 4999mm, 1996mm and 1600mm respectively, and the wheelbase is 3000 mm. The overall size is similar to that of SU7, but the width and height are increased.

In terms of power, Xiaomi YU7 will be equipped with the dual-motor system provided by Suzhou Huichuan United Power System Co., Ltd., with the power of 220kW and 288kW respectively, providing strong power support for drivers.

The YU7 launched by Xiaomi Automobile not only shows Xiaomi’s innovative strength in the automotive field, but also further enriches its product line and provides consumers with more choices.

How does "Eliminating Violence" with poor reputation win the box office?

After the brief "carnival" of the National Day, the mainland film market ushered in a state of silence for nearly one and a half months. Hollywood blockbusters with high hopes were withdrawn in turn, and domestic high-quality new films were scarce, making November, which has always been unpopular, even more sad. This state was not partially alleviated until the release of "Eliminating Violence" last Friday. The film was written and directed by Ho Leung Lau, a Hong Kong director, and invited two powerful actors, Daniel Wu and Wang Qianyuan, to sit in the town, and continued the well-known setting of "duel between two heroes" in Hong Kong films. Although the word-of-mouth performance of "Eliminate Violence" was poor, it still earned nearly 200 million box office in the first weekend, which was related to the distribution strategy selected by the actors in the early stage.

Under the setting of "Double Heroes",

What are the highlights and shortcomings of "Eliminating Violence"

Since November, due to the serious shortage of new films, the film market has been in a downturn for several weeks. At the worst, the daily box office once fell to 20 million. Compared with the same period in previous years, the box office revenue in November this year was the highest in the past seven years. On the one hand, the release of many new Hollywood films lags behind, and on the other hand, strong domestic films are scarce, which jointly caused the cold and cheerless situation of the film market in November.

It was not until the release of "Eliminating Violence" last Friday that the downturn in the film market was partially alleviated. In the early publicity, the film featured Daniel Wu+Wang Qianyuan. Although they cooperated for the first time, their chemical reactions were also expected by the outside world because they had played the roles of positive figures and villains for many times before. In the eyes of many viewers, the biggest attraction of "Eliminating Violence" was the duel between Wang Qianyuan and Daniel Wu.

In "Eliminating Violence", Daniel Wu plays a gangster, and once again assumes the villain role after "New never to lose", while Wang Qianyuan, who once played the villain image in films such as "Save Mr. Wu" and "Break the Bureau", takes a positive role as a criminal police in this film. Perhaps because he is familiar with the excitement of the audience, or perhaps because of his many years of experience in the Hong Kong film industry, Ho Leung Lau, the director of this film, deliberately turned "Eliminating Violence" into a "double hero" play in the early stage of his creation. In the film, he designed many gun battles and fighting scenes for the two of them, and the climax scene of "Bathroom Hand-to-Hand Fighting" is the best in the film, abandoning the "fake style" of the same type of films in the past and fighting from boxing to meat.

In recent years, Hong Kong-made films, including "Cold War" and "Warriors", have always continued the classic setting of "Double Heroes" and gained good market response. In "Eliminating Violence", Daniel Wu and Wang Qianyuan have also subverted their previous images to a certain extent, especially for Daniel Wu, who once again plays the role of a gangster. In the film, he appeared with a long head of mullet, and when he appeared, he was full of pique, and his gas field was fully open, which corresponded with Wang Qianyuan’s ferocity and courage, further strengthening the tension between them. With his previous creative experience in the field of police and bandits films, director Ho Leung Lau also devoted many hearty scheduling scenes in the first half of the film, such as "Fighting Banks" and "Confrontation between Police and Bandits".

However, in addition to the "two heroes" setting and scene scheduling, there are also some problems in the drama. For example, the film relies too much on action scenes and weakens the confrontation between the two people. Most of the time, the purpose of "communication" between two characters in different time and space is achieved through editing. Although the large-scale gun battle drama enhances the sensory experience, it also makes the story adapted from real events lose its documentary and unconvincing.

In addition, limited by the length of the film, although there are many hearty fighting scenes in "Eliminating Violence", in less than 90 minutes, the protagonist has been pushed away by the plot. As a director, Ho Leung Lau neglected to pave the way in emotion and details, which led to some plot logic that could not stand scrutiny. For example, many questions such as how the criminal police quickly knew that the gang committed the crime was the Eagle Gang and how the Eagle Gang handled the huge amount of money robbed were lacking. While immersed in the excellent acting and beautiful body of the leading actor, the plot paving and connection became the soft underbelly of "Eliminate Violence", which further led to the film’s average word-of-mouth performance after its release. On Douban, "Eliminate Violence" only scored 6.5 points.

Sink the market, announce the help,

"Eliminating Violence" uses high-profile films to make up for the disadvantage of word of mouth.

Although the word-of-mouth after the release was not satisfactory, judging from the announcement before the release of "Eliminate Violence", the excellent performance of the film at the box office on the first weekend can still be traced.

Content quality is often the key factor to determine the box office trend of a film, but how to maximize the commercial value of the film depends largely on the distribution and marketing methods of the film in the face of insufficient content or word-of-mouth failure. For "Eliminating Violence", the biggest selling point of the film undoubtedly comes from two powerful actors, Daniel Wu and Wang Qianyuan. For this reason, after the film entered the official announcement stage, "Eliminating Violence" released a number of two-person production specials and tidbits, and created hot topics in Weibo and Tik Tok, continuously increasing the volume of the film’s topics.

According to the Cat’s Eye Professional Edition, since November 20th, "Eliminating Violence" has been ranked first in the broadcast of materials (trailers, MVs, tidbits, etc.) for several consecutive days. On the Weibo, topics such as # Daniel Wu’s acting skills # and # Daniel Wu’s fighting bath towel don’t drop # occupy the forefront of the hot search list; On the Tik Tok, the topic of # Movie Eliminating Violence has accumulated more than 700 million times, which is more popular than the films released in The Sacrifice and One Second in the same period. Making full use of social networks to achieve the effect of topic communication is the first homework done in the early stage of the release of "Eliminating Violence", and it has gained a good response.

In addition, a week before the official release of the film, "Anti-Violence" also opened a large-scale screening in several cities. It is worth mentioning that, unlike previous films of the same type, the first round of screening of "Anti-Violence" covered a number of second-and third-tier cities, and all of them were concentrated in the northern region. In the past, the market performance of films such as Anti-drug 2 and Apostle 2 proved that the audiences of such Hong Kong-made films were mostly concentrated in the south, especially in Cantonese. The radical approach of "Anti-violence" can be said to be to find the possibility for the film to further break the circle on the premise of maintaining the basic disk.

Facts have proved that this point-and-shoot strategy selected by "Eliminate Violence" has also achieved miraculous results. According to the professional version of Cat’s Eye, in the first weekend, "Eliminate Violence" continuously gained more than 41% of the proportion of films, and the proportion of golden fields and attendance rate were also far higher than those of the films of the same period. Compared with other films of the same type, the box office revenue of "Eliminate Violence" in the second and third lines has also been significantly improved. It is precisely because of the good foundation laid by the previous screening that "Eliminate Violence" took the advantage of arranging films in advance before the word-of-mouth collapse, and finally the film won more than 200 million box office revenue in the first weekend of release.

Type film IP+ strength actor,

Hong Kong films become a good medicine to save the market.

All along, Hong Kong films are potential stocks in all periods. In 2018, the National Day film "Warriors" won more than 1.27 billion box office and became the biggest winner in the same period. "Anti-drug 2" released in the summer of 2019 has accumulated 1.31 billion box office, ranking among the top ten in the annual domestic box office list. Facts have proved that Hong Kong-made genre films usually have great appeal to the audience, and with the help of powerful actors’ wonderful interpretations, they can often achieve box office success.

Take "Anti-drug 2" released last year as an example. The film inherited the IP of "Anti-drug 2" released in 2013, which once revived the Hong Kong-made crime genre film, taking advantage of anti-drug elements to shoot brotherhood and a sense of rivers and lakes, and harvested 240 million box office in the cold season of November of that year; Since then, this IP has made a comeback, and Qiu Litao, the director of Hong Kong genre film geek, was invited to direct the film. Louis Koo, who just won the Academy Award the year before, continued to return to play the leading role and compete with Andy Lau, another actor. The "Double Heroes" duel between two established Hong Kong stars also became the biggest attraction of the film.

In addition to the attraction brought by the IP blessing of Hong Kong films and the confrontation between powerful actors, the reason why Anti-Drug 2 can attract the audience into the cinema lies in its excellent action scenes. Director Qiu Litao put the gun battles and car chases that were common in the past in different backgrounds for interpretation. In previous Hong Kong crime films, car chasing scenes were mostly staged on open roads, but in the climax scene at the end of Anti-Drug 2, the protagonists Yu Shuntian and Di Zang staged a thrilling car chasing scene in a closed subway station, and two cars shuttled through the crowded subway station, bringing amazing visual effects.

In the long-term studio practice, Hong Kong directors have accumulated a set of effective genre film techniques. Thanks to the excellent scene scheduling of director Qiu Litao, the tense action scenes of the film and the chemical reaction among the actors, Anti-Drug 2 has continued the success of its previous film, successfully captured more than 600 million box office in less than a week, and finally gained more than 1.31 billion box office revenue, making it one of the most outstanding Hong Kong-made films in recent years.

Conclusion

Despite the poor word-of-mouth response, with the pre-occupied film arrangement advantage, the box office performance of "Eliminating Violence" still made many people shine, and also made the market have more expectations for the subsequent Hong Kong-made films. Next, the audience will also see Shock Wave 2’s "money empire: The Battle of the Peak" and other Hong Kong films appear, expecting that there will be explosive films with both box office and word-of-mouth in these films.

— THE

Lincoln’s sales in China are falling, and can new head Jia Mingdi reverse the situation?

Today’s Chinese car market can be described as a "two-fold sky of ice and fire". On the one hand, the sales of new luxury brands such as Ideal and Ask World have risen one after another, and on the other hand, the sales of traditional luxury brands such as Lincoln and BMW have declined. According to the latest sales data, Lincoln sold only 4,260 cars in China in August. Although it has increased slightly compared with 3,916 cars in August last year, it is still at a low level.

From January to August this year, Lincoln’s cumulative sales in China were only 35,299 vehicles, with an average monthly sales volume of less than 4,500 vehicles. Compared with the sales in January to August last year, the sales volume fell by 11.8% year-on-year. According to this trend, Lincoln’s sales in China this year will experience three consecutive declines, casting a shadow over the development prospects of the entire brand in China.

This sales situation has made Jia Mingdi, the new head of Lincoln Motor in China, much questioned by the outside world. Jia Mingdi succeeded Zhu Meijun as president of Lincoln China in April this year. Before that, he had been working for SAIC Motor Group, and successively served as the general manager of SAIC Volkswagen Automobile Sales Co., Ltd. and the general manager of SAIC Audi brand business department. Jia Mingdi once led SAIC Volkswagen to become the first car company in China to break through 2 million sales, and won the title of passenger car sales in China for four consecutive years. It can be seen that its ability is not too big a problem.

During this year’s Chengdu auto show, Jia Mingdi told the media: "Lincoln pursues high-quality sales, does not rely on sales figures to determine success or failure, and does not participate in price wars." Such a statement was interpreted by the outside world as being unable to recover sales. After all, as the head of the company, Jia Mingdi is responsible for sales and profits. But the problem of Lincoln’s car is not a day cold. Jia Mingdi has only been in office for more than four months. Even if he takes a strong medicine, it may not be effective immediately.

Lincoln Motor is actually an old friend of Chinese consumers. It has entered China through parallel imports as early as the 1980s, but it withdrew in 2008 due to dismal sales. Lincoln Motor made a comeback in 2014, just in time for the growth boom of China’s auto market. In 2016 and 2017, sales reached 32,600 and 54,100 vehicles, respectively, an increase of 179.95% and 66.24%. In 2018, Lincoln Motor took advantage of the heat and established a joint venture with Changan Automobile to establish Changan Lincoln, officially starting the process of domestic production in China.

In the next few years, Lincoln’s sales in China continued to grow, climbing from 55,300 in 2018 to 91,600 in 2021. But in 2022, Lincoln suddenly encountered Waterloo, and the annual sales fell sharply to 79,300, a decline of 13.43%. This is not the end. In 2023, Lincoln’s sales in China further declined, only 73,000.

When Mao Jingbo was president of Lincoln China, through a series of marketing and product planning, Lincoln’s car sales in China achieved continuous growth, but with Mao Jingbo’s departure, Lincoln’s car sales immediately declined, and the new coach Zhu Meijun failed to stop the decline, and then Jia Mingdi took office. From the current situation, Jia Mingdi is quite a firefighter, but today’s Lincoln cars can be described as "difficult to return", Jia Mingdi’s prescription has not yet worked.

Lincoln Motor’s current sales difficulties in China have a lot to do with its product structure. Although it is undeniable that the rise of new power car companies has taken a part of the traditional fuel vehicle market share, the more intense the competition, the more you can see the strength of a car company. Lincoln Motor itself has many shortcomings, which no one can detect when it is downwind, but when it is downwind, these shortcomings will accelerate the decline of Lincoln Motor.

Lincoln’s current models on sale have been around for some years, and they urgently need to be improved in terms of product strength. Moreover, Lincoln is currently selling mainly fuel vehicles. Today, with the popularity of new energy, Lincoln still does not have a pure electric model that can be played, which is somewhat incredible. Compared with traditional car companies such as Mercedes-Benz, BMW, and Volvo, Lincoln’s transformation speed is relatively slow, let alone compared with Chinese car companies.

Jia Mingdi’s past record is very good, and his ability has long been proved, but at Lincoln Motors, there is no sign of making a big deal. As for the reason, as outsiders, we have no way of knowing, but from Jia Mingdi’s "I also want to open" statement, it is not easy to change this long-established traditional luxury brand.

Source: Automotive Finance

2024 Hefei International New Energy Vehicle Exhibition new car debut

2024Hefei International New Energy Vehicle Exhibition

It will be held from September 29th to October 5th.

In Hefei Binhu International Convention and Exhibition Center, Hefei Luogang Park

grand development

As an annual new energy vehicle feast

A variety of heavyweight, high-profile new cars

Expected to make an appearance at this auto show and see you all!

Mazda EZ-6

Changan Mazda’s new mid-range car EZ-6 made a stunning appearance. This is the result of Mazda’s cooperation with Changan, with two power forms: pure electric and range extension.

IMG1

In appearance, although it is integrated into the new energy style, it still retains the characteristics of the Mazda family. The front middle grid grille is outlined with dot matrix elements, which has the look and feel of a fuel car. The headlights are narrow and sharp, and they are full of movement. The side door panel is shaped like an Onxella, and it is also equipped with a hidden door handle. The rear has a slip-back feel, and the hatchback tailgate is matched with a lifting electric rear wing. The through taillight design is unique.

IMG2

In terms of interior, it completely breaks through Mazda’s previous design framework and conforms to the new energy style. A large number of physical buttons are cancelled, and a 14.6-inch central control screen is equipped, which is the largest size of the central control screen in Mazda models. The steering wheel shape is redesigned, and the bottom is cut flat to show a sporty atmosphere.

IMG3

The power part is one of its highlights. The range extension version is equipped with a 1.5L self-priming range extender, the maximum power of the motor is 160 kW, and the comprehensive battery life is measured to exceed 1300 kilometers. The maximum power of the pure electric version motor is increased to 190 kW, and the motors of both power forms are rear-mounted.

Trumpchi E8 +

The entire side of the new car maintains the traditional body structure of MPV, the vehicle should first adopt the style of lifting, while the front and rear fenders to create a wide body visual effect, with 18-inch seven-spoke wheels and chrome side skirt, further enhance the luxury of the new car.

IMG4

In the interior part, the new car is equipped with an 8.88-inch full LCD instrument panel and a three-spoke multi-function steering wheel. The middle of the center console is equipped with a 14.6-inch multimedia touch screen, and is equipped with an 8155 chip and the Keyword Spotting function of the car; the center console channel area is equipped with an electronic button-type shift mechanism, as well as a wireless charging panel and a double cup holder. In addition, the overall stepped center console design also makes the new car look more atmospheric. In addition, the new car can be equipped with a HUAWEI HiCar mobile phone interconnection box.

IMG5

In terms of intelligent configuration, the new car has increased the functions of fatigue driving, door opening warning, and rear anti-collision warning compared with the old model. At the same time, it is equipped with front and rear parking radars as standard, ultrasonic radars have been increased to 13, and millimeter wave radars have been increased to 2. At the same time, in terms of intelligent driving system, the new car has added ADiGO driving assistance system, standard parallel line assistance, lane centering and reversing side warning. In addition, the keyword Spotting recognition of the new car has also been increased to four areas.

IMG6

The power part has not changed, and the 2.0L four-cylinder engine + electric motor are still used to form a plug-in hybrid system. The maximum power of the engine is 103 kW and the maximum torque is 180 Nm; the maximum power of the front motor is 134 kW and the maximum torque is 300 Nm. The battery adopts a liquid-cooled ternary lithium battery pack with a battery energy of 25.57kWh. The pure electric cruising range under CLTC conditions is 150 kilometers, and the comprehensive cruising range is 1200 kilometers. The new car also supports fast charging and is equipped with a 3.3kW external discharge function.

IMG7

The original Xu Jiayin was officially caught. He harvested 600 billion from the poor and more than 100 billion from the rich

Xu Jiayin was officially arrested, and his youngest son has been arrested. But his wife, Ding Yumei, had left Hong Kong three months ago.

It had to be said that Xu Jiayin was also very alert. His wife had been staying in Hong Kong and had not returned to the mainland. Three months ago, a rich man was detained by the border because of Xu Jiayin, so Ding Yumei immediately felt that something was wrong and left Hong Kong.

The whereabouts of Xu Jiayin’s eldest son, Xu Zhijian, are also unknown. Ding Yumei has Canadian citizenship, and Xu Zhijian also has Canadian permanent residency.

Skyworth’s founder Huang Hongsheng’s online bombardment of Xu Jiayin also resonated with many people. He directly blamed Xu Jiayin for being sorry for the country and the people, and openly hostile to the people.

Xu Jiayin is actually a "legend". He harvested 600 billion from the poor and more than 100 billion from the rich. Evergrande currently has a total of 2.30 trillion liabilities, of which 600 billion are contractual liabilities alone.

This is the 600 billion that Xu Jiayin harvested from the poor. The contract debt bought Hengda’s house, and then Hengda has not handed over the house to the buyer.

At the end of last year, a total of more than 700,000 houses were in arrears, and more than 120,000 were handed over in the first half of this year, which means that there should be 500,000 or 600,000 houses that have not been delivered.

These people all worked hard to save money to buy houses, but they were harvested by Xu Jiayin. Xu Jiayin relied on crazy football and charity in his early years, so that people all over China thought that Evergrande was rich and Xu Jiayin was rich. As a result, who would have thought that Xu Jiayin and Evergrande turned out to be empty shells.

In fact, the short-selling agency in the United States broke the problem of Evergrande in 2012, but it was bitten by Xu Jiayin. In the past ten years, every time there has been a negative thing about Evergrande, it has eventually become a rumor without exception.

So how did Xu Jiayin harvest so many poor people? Evergrande went public in 2009, and Evergrande spent 100 million to acquire the Guangzhou football team in the same year. After that, Xu Jiayin began to spend money on football. They stole a lot of international players, and at the same time bought a lot of high-priced foreign aid.

Evergrande football has begun to sweep the Chinese football world. With the name of Evergrande football, Evergrande real estate has also begun to attack cities and plunder land all over the country. In fact, those who have bought Evergrande houses know that Evergrande has many routines, including decoration coupons, electrical coupons, and even cash rebates. There are also double contracts, decoration loans, and so on.

To put it bluntly, there are various ways to avoid supervision. Doing so much is naturally to keep sales going. You know, around 2012, Evergrande actually took a lot of land at a very low cost. At that time, the prices of many third- and fourth-tier cities did not rise. If Evergrande develops well, it can definitely make money.

But in order to pursue scale, Xu Jiayin is crazy about high turnover. Because selling fast, you can have more money to get more land, get more land to sell more houses, and sell more houses to have more money. You think Xu Jiayin doesn’t know that this is bad, you think Xu Jiayin doesn’t know that disorderly expansion will lead to collapse. Now you know too much.

It is not enough to harvest the poor, Xu Jiayin also focuses on the rich. In 2009, Evergrande went public, and Xu Jiayin first tried the power of capital markets. At that time, Xu Jiayin successfully met bosses such as Zheng Yutong, Liu Luanxiong, and Zhang Songqiao. With the support of these powerful bosses in Hong Kong, Xu Jiayin’s career developed faster.

From 2012 to 2015, Xu Jiayin had a lot of cooperation with these bosses. In 2015, Xu Jiayin bought a total of more than 50 billion yuan in support from Hong Kong billionaires such as Zheng Yutong, Joseph Lau, and Zhang Songqiao. Evergrande’s land reserves skyrocketed.

In 2017, Xu Jiayin began an unprecedented harvest. Xu Jiayin took a total of 3 rounds of financing 130 billion that year. This 130 billion financing was funded by dozens of bosses. At that time, Xu Jiayin promised to return to class A share with Evergrande. If it cannot return to the A stock market, Evergrande will buy back all the shares in 2020.

At the same time, Xu Jiayin also promised performance and dividends in 2018, 2019 and 2020. Xu Jiayin’s means are also powerful, so many big shots gave 130 billion real money to Evergrande. At that time, they gave a very high valuation, reaching 400 billion.

The valuation of real estate companies has actually been very low. If you look at the four major real estate companies in Hong Kong, you will know that the basic market value is only about one-third of the net assets. The key Hong Kong real estate company’s debt ratio and cash flow are much healthier. If you compare it from this perspective, Evergrande’s market value at that time could not be 400 billion high.

But these rich people were fooled by Xu Jiayin. Everyone thought that Evergrande’s strength was in order. Even if the listing failed, they could still get a lot of dividends from Evergrande every year.

After taking this 130 billion of financing, Xu Jiayin began his own capital magic. The first step was to split Hengda Property to go public. Before going public, Hengda Property also got 23.50 billion strategic investment, with a valuation of more than 80 billion. In fact, the valuation of a property company is so high that it is unreasonable. But at that time everyone felt that Hengda Group was developing rapidly.

After Xu Jiayin smashed more than 20 billion, established Hengda Automobile, and then injected Hengda Automobile into Hengda Health to achieve backdoor listing. At the same time, Xu Jiayin used Hengda Automobile to get more than 20 billion in financing. After Xu Jiayin established Hengda RV Treasure and got 16.40 billion financing. At that time, Xu Jiayin also bet with investors to go public within 1 year.

Hengda property, Hengda car, Hengda RV treasure total investment of millions, basically Xu Jiayin Moments investment, such as Joseph Lau invested in Hengda property 4.50 billion, invested in Hengda car 3 billion. Zheng Yutong’s son Zheng Jiachun invested in Hengda property 500 million, invested in Hengda RV treasure 500 million. Xu Jiayin’s friend Ma Yun invested in Hengda football 1.20 billion, his Yunfeng fund invested in Hengda property 1.50 billion.

Xu Jiayin was indeed conscientious. Whether he had money or not, he treated them all equally, and they were all harvested by him together. Back then, Jia Yueting harvested the rich, while Xu Jiayin harvested the rich and the poor together.

Back then, Xu Jiayin wanted to start a car business, so he went to the United States to meet Jia Yueting. After the news of Evergrande’s investment in Jia Yueting came out, many people found it strange. The whole world knew that Jia Yueting was a liar, so why did Xu Jiayin still invest in him?

But who knew that Xu Jiayin and Jia Yueting were just the difference between a small liar and a big liar. Jia Yueting planned to run fast, but now that he was happy in the United States, the country would definitely not let Xu Jiayin become the second Jia Yueting.

Responsible editor:

Geely Boyue X is equipped with Galaxy Sound to create a smart new space

On October 10, the Boyue X, a new model under Geely Automobile, was officially launched. Boyue X is the first model of Geely’s new family design style "Energy Storm". "X" represents Geely injecting a new soul into the new model of "Flux Energy Storm, Relax enjoys freedom, Outfox outsmarts the future".

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In terms of outsmarting the future, Boyue X is equipped with Geely Galaxy OS, which is deeply customized by Yikatong Technology for Geely Automobile, deeply integrates the full set of service applications of Tencent ecological vehicle to everything TAI3.0, and introduces the Galaxy MegaBass of QQ Music into the smart cockpit, which significantly improves the sound quality of car music content and brings higher quality, immersive and personalized listening enjoyment to car owners.

Galaxy Sound creates an immersive, high-quality in-car entertainment space

Listening to songs is a 10,000-year match when driving, and even when you get to the parking lot, you want to listen to two songs before going home. The car is a relatively enclosed space, coupled with a high-quality sound system that is generally configured, it is a place for immersive music listening. Boyue X is equipped with QQ Music Galaxy Sound, and with the BOSE sound system, the user’s "listening" experience is fully upgraded.

Galaxy Sound is a professional MegaBass developed by QQ Music. This time, Tencent Smart Travel and Galaxy Sound Lab have customized and tuned for the car environment, and launched the car version of Galaxy Sound. More than 20 special effects are preset in the "Tencent Love Fun Listening" app powered by Boyue X, such as the commonly used overweight bass, vinyl, phonograph, concert hall, etc., which are specially adapted for the car environment. Users can adjust according to their personal music preferences and different music styles to meet diverse and personalized music needs.

At the same time, combining QQ Music’s massive high definition music library, audio data analytics capabilities and characteristic audio algorithms can make the presentation of music works more realistic, clear, restored and vivid, bringing professional sound experience.

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Tencent’s ecological blessing brings an all-round upgraded intelligent experience of social, service and entertainment

Boyue X has Geely Galaxy OS deeply customized by Yikatong Technology, which integrates rich applications of Tencent ecological vehicle to everything TAI3.0. Including "WeChat car version" with full voice interaction, "Tencent love fun listening" with one-stop integrated music, radio, audio books and other listening content, "Tencent accompanying" with car travel life assistant, and "Tencent small scene" with car light application platform.

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Through the WeChat in-car version, users can drive safely without missing important information and communicate smoothly through full voice interaction.

Tencent Aiqu Listening brings together a wealth of listening content such as QQ Music, Himalayas, WeChat Reading, Tencent News, etc., covering music, radio, audiobooks, news and other content categories. At the same time, based on the connection of the user account, the user’s content collection and playback progress on the mobile phone can be seamlessly synchronized to the car. For example, half of the audio books that the user has listened to can continue to be played in the car, and the membership rights and interest playlists of QQ Music can also be synchronized on the car.

Boyue X is equipped with 26 Tencent small scene services, such as Bilibili, Spiritual Wealth Club, Uncle Kai storytelling, Baby Bus, Star Food, Love Movie, Tuanyou, 36Kr Zhixing Edition, etc., involving all aspects of entertainment, travel, life services, and car services. And based on the ability of AI scene engine, it can anticipate user requests in advance and carry out personalized and scene-based active services, so that every location, every route, and every area that Boyue X users drive through can be "fresh".

Boyue X is a blockbuster model that Tencent cooperates with Geely and Yikatong Technology. In the future, it will be based on Geely Galaxy OS, allowing the intelligent genes of Boyue X to continue to evolve and grow, bringing users a safer, more efficient and more enjoyable smart space in the car.

"The Siege of the Kowloon Walled City" starts in Hong Kong, led by Koo Tianle Hong Jinbao


1905 movie network news The action-era film "Siege of the Kowloon Walled City" held a launch ceremony in Hong Kong, China on November 30, and officially announced the start of filming. The film starred many powerful Hong Kong stars such as directors, leaders, and others. The story is set in Hong Kong in the 1980s, telling the story of a young man in distress, Chen Luojun, who strays into the mysterious Kowloon Walled City. After being taken in by a tornado, he soon discovers that the chaotic city is actually orderly and crouching tigers and hidden dragons. At the same time, the big boss who has coveted the city for a long time has launched a round of fierce fights to seize the city, and a battle to defend the city is about to break out.


The storm in the city is about to erupt, and the masters gather to resist to the death


The movie tells the story of the Kowloon Walled City in Hong Kong in the 1980s. It is a mysterious area that is chaotic and orderly, gathers many hidden experts, and each family competes in an orderly manner. Ordinary people flock to this place but dare not approach it rashly. However, a young man in distress, Chen Luojun, accidentally broke into this place. Fortunately, the legendary city walled tornado took in Luo Jun. Luo Jun found that the city was not as bad as outsiders had described, but was attracted by its chaos and order. He also met several good brothers here: Xin Yi, Twelve Young Master and Fourth Boy. Just when Luo Jun thought that he had finally found a safe place to live, the news that outsiders had maliciously snatched the Kowloon City Walled came out. The big boss, who had always been eyeing the Kowloon City Walled, took advantage of the rumors and began to invade the city walled, setting off one vicious fight after another. Everyone followed the tornado’s lead and tried their best to resist the riots of the big boss and defend the city walled place to the death.


The strongest team in front of the stage and behind the scenes, investing heavily in the reconstruction of Kowloon City


After years of planning and much anticipation, the "Kowloon Walled City" series was finally filmed, and the film was carefully crafted by the strongest team behind the scenes. The director is Zheng Baorui, a popular director with a strong personal action style; the cast is led by two Golden Statue Actor Koo Tianle and Hong Jinbao, leading Ren Xianqi, Lin Feng,,,, and others to star; the producer is a gold medal producer of the Hong Kong senior filmmaker series, and joins forces with Hong Kong’s strongest action film producer and series director; the screenwriter is the best screenwriter of the Hong Kong Film Awards, "Ip Man" series screenwriter, ace screenwriter Li Jun, etc.; the action director is the best action design; in order to reshape the mysterious place of Kowloon Walled City, the art design has invited two Academy Awards art design masters to lead; in order to present a strong visual impact, the photography is performed by Zheng Zhaoqiang, a palace photographer of "Wisdom Teeth" and "Ip Man 4 Finale".

The Kowloon Walled City is an important cultural and historical symbol of Hong Kong. In order to reshape the original appearance of the Kowloon Walled City, the film company invested heavily to build the entire Kowloon Walled City scene, highly restoring the style of the city and allowing the audience to experience it firsthand.


Directed by Zheng Baorui, led by Gu Tianle and Hong Jinbao, and starring many powerful Hong Kong stars such as Ren Xianqi and Lin Feng, "The Siege of the Kowloon Walled City" officially started on November 30! The crisis of the Kowloon Walled City is everywhere, and the battle of protection is imminent!