Xinhua News Agency, Beijing, October 17th

People’s Republic of China (PRC) Export Control Act
(Adopted at the 22nd meeting of the 13th the NPC Standing Committee on October 17th, 2020)

catalogue

Chapter I General Provisions

Chapter II Control Policies, Control Lists and Control Measures

Section 1 General Provisions

Section 2 Export Management of Dual-Use Items

Section III Military Export Management

Chapter III Supervision and Administration

Chapter IV Legal Liability

Chapter V Supplementary Provisions

Chapter I General Provisions

Article 1 This Law is formulated in order to safeguard national security and interests, fulfill international obligations such as non-proliferation, and strengthen and standardize export control.

Article 2 This Law is applicable to the export control of dual-use items, military products, nuclear materials and other goods, technologies, services and other items related to safeguarding national security and interests and fulfilling international obligations such as non-proliferation (hereinafter referred to as controlled items).

The controlled items mentioned in the preceding paragraph include technical data related to the items.

The export control referred to in this Law refers to the prohibition or restrictive measures taken by the state against the transfer of controlled items from People’s Republic of China (PRC) to overseas and the provision of controlled items by citizens, legal persons and unincorporated organizations of People’s Republic of China (PRC) to foreign organizations and individuals.

Dual-use items referred to in this Law refer to goods, technologies and services that have both civil and military uses or help to enhance military potential, especially those that can be used to design, develop, produce or use weapons of mass destruction and their means of delivery.

Military products mentioned in this Law refer to equipment, special production equipment and other related goods, technologies and services used for military purposes.

The term "nuclear" as mentioned in this Law refers to nuclear materials, nuclear equipment, non-nuclear materials for reactors and related technologies and services.

Article 3 Export control should adhere to the overall national security concept, safeguard international peace, make overall plans for security and development, and improve export control management and services.

Article 4 The State implements a unified export control system, and manages it by making control lists, catalogues or catalogues (hereinafter referred to as control lists) and implementing export licenses.

Article 5 The export control departments in the State Council and the Central Military Commission (CMC) (hereinafter referred to as the State Administration of Export Control) shall be responsible for export control according to the division of responsibilities. Other relevant departments in the State Council and the Central Military Commission (CMC) are responsible for export control according to the division of responsibilities.

The state establishes a coordination mechanism for export control work to coordinate major issues in export control work. The State Administration of Export Control and relevant departments of the State Council should cooperate closely to strengthen information sharing.

The State Administration of Export Control shall, jointly with relevant departments, establish an expert consultation mechanism on export control to provide advice on export control.

The State Administration of Export Control shall timely issue export control guidelines for relevant industries to guide export operators to establish and improve the internal compliance system of export control and standardize their operations.

The relevant departments of the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government shall be responsible for export control in accordance with the provisions of laws and administrative regulations.

Article 6 The State shall strengthen international cooperation in export control and participate in the formulation of relevant international rules on export control.

Article 7 Export operators may establish and join relevant trade self-regulatory organizations such as chambers of commerce and associations according to law.

Relevant chambers of commerce, associations and other industry self-regulatory organizations shall abide by laws and administrative regulations, provide services related to export control to their members in accordance with their articles of association, and play a coordinating and self-regulatory role.

Chapter II Control Policies, Control Lists and Control Measures

Section 1 General Provisions

Article 8 The State Administration of Export Control shall, jointly with relevant departments, formulate export control policies, among which major policies shall be submitted to the State Council for approval or to the State Council and the Central Military Commission (CMC) for approval.

The state export control administrative department can evaluate the export destination countries and regions of controlled items, determine the risk level and take corresponding control measures.

Article 9 The state export control administrative department shall, in accordance with this Law, relevant laws and administrative regulations, formulate and adjust the export control list of controlled items in conjunction with relevant departments in accordance with the export control policies and in accordance with the prescribed procedures, and publish it in a timely manner.

According to the needs of safeguarding national security and interests and fulfilling international obligations such as non-proliferation, with the approval of the State Council, or with the approval of the State Council and the Central Military Commission (CMC), the State Administration of Export Control may temporarily control the goods, technologies and services that are not on the export control list and make an announcement. The implementation period of temporary control shall not exceed two years. Before the expiration of the implementation period of temporary control, an evaluation should be made in time, and according to the evaluation results, it is decided to cancel the temporary control, extend the temporary control or include the items under temporary control in the export control list.

Article 10 According to the needs of safeguarding national security and interests and fulfilling international obligations such as non-proliferation, with the approval of the State Council or the State Council and the Central Military Commission (CMC), the State Administration of Export Control, together with relevant departments, may prohibit the export of related controlled items, or prohibit the export of related controlled items to specific destination countries and regions, specific organizations and individuals.

Article 11 Export operators engaged in the export of controlled items shall abide by the provisions of this Law and relevant laws and administrative regulations; If it is necessary to obtain the export business qualification of related controlled items according to law, it shall obtain the corresponding qualification.

Article 12 The State implements a licensing system for the export of controlled items.

For the controlled items or temporary controlled items listed in the export control list, the export business operator shall apply to the state export control administration department for permission.

Where the export business operator knows or should know the controlled items listed in the export control list and the goods, technologies and services other than the temporary controlled items, or is informed by the state export control administration department that the related goods, technologies and services may have the following risks, it shall apply to the state export control administration department for permission:

(1) Endangering national security and interests;

(2) being used for designing, developing, producing or using weapons of mass destruction and their means of delivery;

(3) being used for terrorist purposes.

If an exporter is unable to determine whether the goods, technologies and services to be exported belong to the controlled items specified in this Law, and asks the State Administration of Export Control for advice, the State Administration of Export Control shall give a timely reply.

Article 13 The State Administration of Export Control shall comprehensively consider the following factors, examine the application of export controlled items by export operators, and make a decision on approval or disapproval:

(1) National security and interests;

(2) International obligations and foreign commitments;

(3) Export type;

(4) Sensitivity of controlled items;

(5) Countries or regions of export destination;

(6) End users and end uses;

(seven) the relevant credit records of the export operators;

(8) Other factors stipulated by laws and administrative regulations.

Article 14 If an export operator has established an internal compliance system for export control, and the system is in good operation, the state export control administrative department may grant general permission and other convenient measures to its export-related controlled items. The specific measures shall be formulated by the state export control administration department.

Article 15 An exporter shall submit to the state export control administration the certificates of the end-user and end-use of the controlled items, and the relevant certificates shall be issued by the end-user or the government agency of the country and region where the end-user is located.

Article 16 The end users of controlled items shall promise not to change the end use of related controlled items or transfer them to any third party without the permission of the state export control administration department.

If an exporter or importer finds that the end user or end use may change, he shall immediately report to the state export control administration department in accordance with the regulations.

Article 17 The state export control administrative department shall establish a risk management system for end users and end uses of controlled items, evaluate and verify the end users and end uses of controlled items, and strengthen the management of end users and end uses.

Article 18 The state export control administrative department shall establish a control list for importers and end users under any of the following circumstances:

(a) in violation of the requirements of the end user or end use management;

(two) may endanger national security and interests;

(3) using controlled items for terrorist purposes.

For importers and end users listed in the control list, the state export control administrative department may take necessary measures such as prohibiting or restricting the trading of related controlled items and ordering them to suspend the export of related controlled items.

Export operators shall not violate the regulations and conduct transactions with importers and end users listed in the control list. Under special circumstances, if it is really necessary for export operators to conduct transactions with importers and end users listed in the control list, they may apply to the state export control administration department.

Importers and end users listed in the control list may apply to the state export control administration department for removal from the control list if they no longer have the circumstances specified in the first paragraph after taking measures; The state export control administrative department may, according to the actual situation, decide to remove the importers and end users listed in the control list.

Article 19 When exporting controlled goods, the consignor or customs declaration agent shall submit the license issued by the state export control administration department to the customs and go through the customs declaration formalities in accordance with the relevant provisions of the state.

If the consignor of export goods fails to submit the license issued by the state export control administration department to the customs, and the customs has evidence that the export goods may fall within the scope of export control, it shall question the consignor of export goods; The customs may submit an organizational identification to the State Administration of Export Control, and dispose of it according to the identification conclusion made by the State Administration of Export Control. During the period of identification or questioning, the customs shall not release the exported goods.

Article 20 No organization or individual may provide services such as agency, freight, delivery, customs declaration, third-party e-commerce trading platform and finance for export operators to engage in illegal export control activities.

Section 2 Export Management of Dual-Use Items

Article 21 When applying for the export of dual-use items to the state administrative department for export control of dual-use items, an exporter shall truthfully submit relevant materials in accordance with the provisions of laws and administrative regulations.

Article 22 The state administrative department for export control of dual-use items accepts the application for export of dual-use items, examines the application for export of dual-use items independently or jointly with relevant departments in accordance with the provisions of this Law and relevant laws and administrative regulations, and makes a decision on approval or disapproval within the statutory time limit. If a decision is made to grant the license, the license issuing organ shall issue the export license uniformly.

Section III Military Export Management

Article 23 The State practices a system of military export monopoly. Operators engaged in military export shall obtain the military export franchise qualification and engage in military export business activities within the approved business scope.

The military export franchise qualification shall be examined and approved by the national military export control administrative department.

Article 24 Military export operators shall apply to the state military export control department for the examination and approval of military export projects, military export projects and military export contracts according to the control policies and product attributes.

Major military export projects, major military export projects and major military export contracts shall be examined by the state military export control department in conjunction with relevant departments and submitted to the State Council and the Central Military Commission (CMC) for approval.

Article 25 Before exporting military products, military export operators shall apply to the state military export control department for military export licenses.

When exporting military products, military export operators shall submit to the customs the license issued by the state military export control department and go through the customs declaration formalities in accordance with the relevant provisions of the state.

Article 26 A military export operator shall entrust an approved military export transportation enterprise to handle military export transportation and related business. The specific measures shall be formulated by the state military export control department in conjunction with relevant departments.

Twenty-seventh military export operators or scientific research and production units participating in international military exhibitions shall go through the examination and approval procedures with the state military export control department in accordance with the procedures.

Chapter III Supervision and Administration

Article 28 The state export control administrative department shall supervise and inspect the export activities of controlled items according to law.

The State Administration of Export Control may take the following measures when investigating acts suspected of violating the provisions of this Law:

(a) to enter the business premises of the respondent or other relevant places for inspection;

(2) Asking the respondents, interested parties and other relevant organizations or individuals to explain the matters related to the investigated events;

(3) consulting and copying the relevant documents, agreements, accounting books, business correspondence and other documents and materials of the respondents, interested parties and other relevant organizations or individuals;

(four) to inspect the means of transport used for export, stop loading suspicious export items, and order them to be transported back to the illegally exported items;

(five) sealing up and detaining the relevant items involved;

(6) Inquiring about the bank accounts of the respondents.

The adoption of items 5 and 6 of the preceding paragraph shall be subject to the written approval of the person in charge of the state export control administration department.

Twenty-ninth national export control departments shall perform their duties according to law, and the relevant departments of the State Council, local people’s governments and their relevant departments shall provide assistance.

The state export control administration department alone or jointly with relevant departments shall carry out supervision, inspection and investigation according to law, and relevant organizations and individuals shall cooperate with them and shall not refuse or hinder them.

The relevant state organs and their staff have the obligation to keep confidential the state secrets, business secrets, personal privacy and personal information they know in the investigation according to law.

Article 30 In order to strengthen the export management of controlled items and prevent the illegal risks of controlled items, the state export control administrative department may take measures such as supervision talks and issuing warning letters.

Article 31 Any organization or individual has the right to report any suspected violation of the provisions of this Law to the State Administration of Export Control, which shall, after receiving the report, promptly deal with it according to law and keep the informant confidential.

Article 32 The State Administration of Export Control shall conduct export control cooperation and exchanges with other countries or regions and international organizations in accordance with international treaties concluded or acceded to, or on the principle of equality and reciprocity.

Organizations and individuals in People’s Republic of China (PRC) shall provide relevant information on export control abroad in accordance with the law; May endanger national security and interests, shall not be provided.

Chapter IV Legal Liability

Article 33 If an exporter engages in the export of related controlled items without obtaining the qualification for export business of related controlled items, he shall be given a warning, ordered to stop the illegal behavior, confiscate the illegal income, and impose a fine of more than five times and less than ten times the illegal business amount; If there is no illegal business amount or the illegal business amount is less than 500,000 yuan, a fine of not less than 500,000 yuan but not more than 5 million yuan shall be imposed.

Article 34 An exporter who commits any of the following acts shall be ordered to stop the illegal act, and his illegal income shall be confiscated. If the illegal business amount is more than 500,000 yuan, he shall be fined five times to ten times. There is no illegal business amount or the illegal business amount is less than 500,000 yuan, and a fine of more than 500,000 yuan and less than 5 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification until the export business qualification of related controlled items is revoked:

(1) Exporting controlled items without permission;

(2) Exporting controlled items beyond the permitted scope stipulated in the export license;

(3) Exporting controlled items whose export is prohibited.

Article 35 Where an export license for controlled items is obtained by cheating, bribery or other improper means, or the export license for controlled items is illegally transferred, the license shall be revoked, the export license shall be confiscated, and the illegal income shall be confiscated. If the illegal business amount is more than 200,000 yuan, a fine of not less than five times but not more than ten times the illegal business amount shall be imposed; If there is no illegal business amount or the illegal business amount is less than 200,000 yuan, a fine of more than 200,000 yuan and less than 2 million yuan shall be imposed.

Whoever forges, alters or buys or sells export licenses for controlled items shall have his illegal income confiscated, and if the illegal business amount is more than 50,000 yuan, he shall be fined between five times and ten times; If there is no illegal business amount or the illegal business amount is less than 50,000 yuan, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed.

Article 36 Anyone who knowingly provides services such as agency, freight forwarding, delivery, customs declaration, third-party e-commerce trading platform and finance to an exporter who is engaged in illegal export control activities shall be given a warning, ordered to stop the illegal activities, and his illegal income shall be confiscated. If the illegal business amount is more than 100,000 yuan, he shall be fined for more than three times and less than five times the illegal business amount. If there is no illegal business amount or the illegal business amount is less than 100,000 yuan, a fine of not less than 100,000 yuan but not more than 500,000 yuan shall be imposed.

Article 37 If an exporter violates the provisions of this Law and deals with importers and end users listed in the control list, he shall be given a warning, ordered to stop the illegal act, and his illegal income shall be confiscated. If the illegal business amount is more than 500,000 yuan, he shall be fined ten times to twenty times. There is no illegal business amount or the illegal business amount is less than 500,000 yuan, and a fine of more than 500,000 yuan and less than 5 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification until the export business qualification of related controlled items is revoked.

Article 38 If an exporter refuses or obstructs the supervision and inspection, he shall be given a warning and be fined not less than 100,000 yuan but not more than 300,000 yuan; If the circumstances are serious, it shall be ordered to suspend business for rectification until the export business qualification of related controlled items is revoked.

Article 39 The state export control administration department may refuse to accept the export license application of an export operator who is punished in violation of the provisions of this Law within five years from the date when the punishment decision takes effect. The person in charge and other persons who are directly responsible for it may be prohibited from engaging in relevant export business activities for five years, and those who are criminally punished for illegal export control activities may not engage in relevant export business activities for life.

The state export control administrative department shall include the violation of this law by export operators in the credit records according to law.

Article 40 The illegal export control acts as stipulated in this Law shall be punished by the state export control administration department; Where laws and administrative regulations provide for punishment by the customs, it shall be punished in accordance with this law.

Article 41 If the relevant organization or individual refuses to accept the decision of the state export control administration department not to grant permission, it may apply for administrative reconsideration according to law. The decision of administrative reconsideration is final.

Article 42 State functionaries engaged in export control administration who neglect their duties, engage in malpractices for selfish ends or abuse their powers shall be punished according to law.

Article 43 Anyone who violates the relevant provisions of this Law on export control management and endangers national security and interests shall be punished in accordance with the provisions of relevant laws and administrative regulations in addition to this Law.

Whoever, in violation of the provisions of this law, exports controlled items prohibited by the state or exports controlled items without permission shall be investigated for criminal responsibility according to law.

Article 44 Organizations and individuals outside People’s Republic of China (PRC) who violate the relevant provisions of this Law on export control, endanger People’s Republic of China (PRC)’s national security and interests, and hinder the performance of international obligations such as non-proliferation shall be dealt with according to law and their legal responsibilities shall be investigated.

Chapter V Supplementary Provisions

Article 45 The transit, trans-shipment, through transport and re-export of controlled items, or their export from special customs supervision areas such as bonded areas and export supervision warehouses, bonded logistics centers and other bonded supervision places, shall be carried out in accordance with the relevant provisions of this Law.

Article 46 The export of nuclear and other controlled items, which is not provided for in this Law, shall be implemented in accordance with the provisions of relevant laws and administrative regulations.

Article 47 The export of military products used for overseas use of armed forces, foreign military exchanges, military assistance, etc. shall be implemented in accordance with the provisions of relevant laws and regulations.

Article 48 If any country or region abuses export control measures to endanger People’s Republic of China (PRC)’s national security and interests, People’s Republic of China (PRC) may take reciprocal measures against that country or region according to actual conditions.

Article 49 This Law shall come into force as of December 1, 2020.

　　CCTV News:The draft budget for 2018 announced by the Japan Coast Guard has reached a record high. In order to strengthen the so-called maritime security of the Diaoyu Islands, Japan has made a lot of tricks, not only allocating 39.4 billion yen to build new patrol boats and purchase aircraft, but also planning to introduce satellite surveillance systems.

　　According to Japanese media reports, the Japan Coast Guard announced the draft budget for fiscal year 2018 on the 29th, with a total amount of 230.3 billion yen (about 14 billion yuan), an increase of 9% compared with the original budget for 2017 and a record high. In addition, the staffing also plans to increase by 493 people next year. Japan’s Kyodo News Agency said that the Coast Guard plans to apply for a record 39.4 billion yen (about 2.4 billion yuan) to build a so-called "strategic maritime security system" to strengthen security near the Diaoyu Islands, including funding for a new 6,500-ton large patrol boat capable of carrying helicopters, a 1,500-ton medium patrol boat and nine small patrol boats, and plans to introduce a new jet plane with a long cruising range. Japanese TBS TV said that the new patrol boat is scheduled to officially sail in 2021.

The so-called "Diaoyu Island Exclusive Force" at Ishigaki Port in Okinawa was first exposed.

Chinese and Japanese law enforcement vessels have close contact in the waters around Diaoyu Island.

　　Around the Diaoyu Islands issue, the Japan Coast Guard launched the so-called "Diaoyu Islands Special Team System" consisting of 12 patrol boats in April 2016, equipped with 10 1,500-ton patrol boats and 2 large patrol boats capable of carrying helicopters. In March 2017, the so-called "Diaoyu Island Exclusive Force" in Ishigaki Port, Okinawa was first exposed. The Japan Coast Guard also released a video of close contact between Chinese and Japanese law enforcement vessels in the waters around the Diaoyu Islands.

　　Although the Japanese Coast Guard has concentrated the most elite forces in the direction of the Diaoyu Islands, the Japanese government is still in crisis in the face of the increasingly frequent cruise activities of China official ships in the Diaoyu Islands and its surrounding waters. According to the Yomiuri Shimbun, in 2012, there were only 68 official ships from China cruising in the territorial waters of Diaoyu Island, and by 2016, the number has increased to 121. China has comprehensively improved its maritime cruise capability in terms of quality and quantity.

　　Japanese media: The satellite system will help to quickly grasp the trend of China official ships.

　Japan coast guard patrol boat

　　At present, Japanese military strategic assets are accumulating in the Diaoyu Islands and the East China Sea, and the Coast Guard has become the "Depth Charge". By the end of 2016, Japan Coast Guard had nearly 370 patrol boats of various types, including 14 large patrol boats capable of carrying helicopters and 74 fixed-wing aircraft and helicopters.

　　According to Japan’s "Yomiuri Shimbun" reported on the 29th, Japan Coast Guard decided to introduce satellite surveillance system from this year. The monitoring object of the system ranges from the periphery of the Japanese archipelago to the coastal areas of China, South Korea and Russia, with an estimated area of 2.2 million square kilometers. The surveillance frequency of this area is at least twice a day, and the photos and videos taken by surveillance satellites will be transmitted to the headquarters of the national district of Japan for vigilance and search.

　　According to the report, so far, the Marine Insurance Agency has been responding to the patrol and search tasks by increasing patrol boats and planes. If it has its own satellite surveillance system, it can focus on shooting images of key surveillance areas and search for more accurate information. The introduction of this system will help to quickly grasp the movements of China official ships cruising in the territorial waters of Diaoyu Island.

　　Japanese media: The Japanese Police Agency will purchase more large helicopters for "seizing the island"

　　According to the Sankei Shimbun, the draft budget for fiscal year 2018 announced by the Japanese Police Agency on the 29th also contains contents related to the Diaoyu Islands. The cost of adding two large helicopters to the police in Fukuoka and Okinawa counties was added to the draft. This large helicopter can carry 25 people, which is the largest in police equipment. According to the report, the large helicopter can be used to deal with emergencies such as "foreign armed groups or groups claiming territorial sovereignty landing on outlying islands".

This article is from WeChat official account:Internet and entertainment thieves (ID: TMT Phantom), Author: Pei Pei, head of the bandit group, title map from: vision china

This week, three messages appeared repeatedly in my circle of friends, which were repeatedly reprinted and brushed by many friends. They got me lost in thought.

The first is the report that Huawei Ren Zhengfei praised Hebei’s "Hengshui Model". This is not news. It is not a day or two for Huawei to appreciate and learn Hengshui at the organizational and cultural level.

The second is that it is rumored that Taobao/Tmall will gradually realize the P8 level rejuvenation, with all employees under 35 years old. To tell the truth, I don’t quite believe this is true, because there is no one-size-fits-all approach. However, many people in my circle of friends believe and applaud that "younger cadres" is the secret of the long-lasting Internet companies.

The third is the revision of the law on the protection of minors, introducing online game time management. The details are still unclear, and the implementation method is also unclear. However, most people in my circle of friends still support it and think that children should be in charge of playing games. This legislation is still light.

Do the above three news/old news have anything in common? I thought of the ominous noun: "involution"

"involution"(Involution)The use of the term in the field of economics was first seen in 1963 when American scholars studied the irrigated agriculture in Java Island, and was widely used to describe rice farming in the south of China in the Ming and Qing Dynasties. In short, the process of "agricultural involution" in Jiangnan area is:

1. Because of the large population and small land, technological innovation can’t keep up with population growth, farmers in Jiangnan have to adopt the strategy of "increasing labor input per unit area and increasing yield per unit area".

2. In order to increase labor input, all the elderly and children in the south of the Yangtze River have been put into rice farming, and the labor intensity of agricultural production has reached the first place in the world.

3. Because the monetary cost of labor for the elderly and children is zero.(Intra-family settlement)The efficiency of family agriculture is much higher than that of specialized employee farms, which leads to the collapse of the natural economy in Jiangnan area and the scale of agricultural production has never been realized.

4. Since the natural economy can’t be disintegrated, there will be no surplus labor to supply the emerging handicraft industry, large handicraft workshops can’t be popularized, and industrial production, like agriculture, is bound in the family environment of "men plowing and women weaving".

5. In the above-mentioned "labor-intensive+natural economy" cycle, the value of unit labor force has not improved, the income of workers has not increased for a long time, and the consumption capacity is low, which cannot stimulate the emergence of new consumption forms.

6. Therefore, in this environment, it is neither possible to break out the industrial revolution nor to have a real "capitalist bud". As you can imagine, without the modern globalization system, the Jiangnan region will sink down from generation to generation in this endless cycle.

(The word involution is annoying when you hear it. )

In short, involution is the process of improving agricultural yield and total output by simply and rudely expanding labor input under the condition that land resources and technical conditions remain unchanged. This is a process of diminishing marginal effect-the same piece of land, with twice the labor force, is likely to produce only 1.5 times the grain. This is another process to curb innovation-people focus on squeezing the labor force and working time within the family, no longer actively seek technological innovation and innovation in production relations, and always repeat themselves at a low level.

Let me put it out: "Hengshui mode" is a typical involution. No matter how many people are recruited in Hengzhong and how high the enrollment rate is, the enrollment quota allocated by 211/985 University to Hebei Province remains unchanged. The enrollment quota of all kinds of colleges and universities in Hebei is basically unchanged. No matter how powerful Hengzhong is, it is only encroaching on the resources for further studies elsewhere in Hebei, prompting top students from all over the country to flock to Hengshui. Even those students who stay in the local area, inspired by the "Hengshui spirit", live a dark high school life by studying hard day and night. Accurately speaking, for all students in Hebei, "Hengshui mode" is not only useless but also harmful-it prevents students from accumulating extracurricular knowledge and cultivating hobbies, and it also makes famous universities have the stereotype that "Hebei candidates are exam machines".

The "involution of education" caused by the "Hengshui model" even spread to the other side of the ocean. All Chinese parents in Silicon Valley are desperately guiding their children to take the road of science Olympics, and all kinds of math cram schools for Chinese are almost full at the beginning. The reason is simple: it is often difficult for the children of the first generation of Chinese immigrants to have the personal connections, social activities and hobbies of white children, and it is difficult to compare sports with black children; It’s more immediate to think about it, or to engage in the Olympics. As a result, Chinese students’ scores in mathematics and science are getting higher and higher, and they are becoming hopeless nerds in the eyes of university admissions officers, and teenagers’ lives are becoming increasingly unhappy … That’s about it. I know there will be a bully to spray me desperately.

Real scientific research is done by talented teenagers/girls, so how can we make efforts to do scientific research? )

"Time management of minor online games" is also a typical involution. Before the implementation of this law, the play time of minors was controlled by themselves and their parents, which was essentially a self-discipline behavior with the family as the unit: in a family with well-educated parents and harmonious parent-child relationship and high maturity of children, the probability of children indulging in games was low, and vice versa, forming a positive cycle of self. Assuming that the law is strictly enforced, the playing time of all minors will be shortened.(or at least no growth)The entertainment utility gained through games has declined. The question is, will the number of students enrolled in the university increase because the purpose of studying is to enter the university?

Obviously, the enrollment of any university in China will not increase because of the introduction of "time management of online games for minors". As a whole, the entertainment utility of minors has declined, but the utility of further education has not improved. Some people will argue that learning is not only for further study, but also for learning a lot of scientific and cultural knowledge, thus benefiting for life. I have to point out that if a child doesn’t want to learn, he has countless ways to desert. If you ban games, he will watch plays; No drama, he read novels; When novels are forbidden, he chats with friends; If chatting is forbidden, he will be in a daze … You can’t ban staring blankly. If you don’t solve the fundamental problem and only do superficial articles, what you get is involution.

As for the "rejuvenation of cadres in Internet companies", it is a huge driving force for involution, just like the "996 working system" that caused widespread controversy. Not to mention the internet industry, in the "old school" industry such as finance, there are also serious phenomena of unlimited overtime and premature aging. In investment institutions, researchers over 40 years old are rare, and management over 50 years old is rare. Karoshi is by no means a legend in the horizon. I know more than one case of karoshi after 80s, because more people suffer from terminal illness after working overtime for a long time. Funny is that some people think this is a comparative advantage of China’s economy! A well-known investment institution(I won’t call the name)It is claimed that entrepreneurs in China are generally more desperate and desperate than their counterparts in Silicon Valley, so China’s technological innovation will definitely defeat the United States.

Uh…

I have always felt that "struggling to force culture" is a particularly abnormal culture. )

Let me continue to spread it out: the culture of "struggle force" hanging over the internet, finance and emerging industries in China is actually left over by Americans at the end of the 19th century, and Americans have deeply realized that the culture of "struggle force" is not desirable-not only morally desirable, but also unable to achieve sustainable development in reality.

Japan on the other side of the East China Sea and South Korea on the other side of the Yellow Sea were also popular for a while in the late 20th century. Because they didn’t pull out in time, they all evolved into irreversible involution.

A week ago, some investors asked me, "Will China develop into an important market for console games and 3A games?" I replied categorically: "No!" The other party asked in confusion, "What if the policy encourages and the technical level keeps up?" I said, "That’s impossible. The average working hours in the United States are 34 hours a week. What about China? I don’t think it will be less than 45-50 hours. The working hours of the middle class will only be higher. Every week, 996 people go home, take a shower and go to bed tired, playing 3A games? Or do you think that those students who have no independent consumption ability can buy 3A games? "

Incidentally, some investors seriously criticized me a few years ago: "You shouldn’t watch movies every week. Investment analysts are not qualified to watch movies, and should spend every hour watching company financial reports and research reports! " My answer is: "Are you crazy? It’s none of your business if I watch a movie?" If the ideal of "struggling to force investors" comes true, every hard-working professional should not watch movies; I can’t even go to the movies, let alone play games, watch cartoons and go out for an outing. In such a beautiful new world of involution, will there be consumption? Perhaps the only consumption is takeaway+online shopping? Moreover, online shopping can only buy necessities such as food and clothing, and can’t "play with things."

Accurately speaking, when involution progresses to a certain extent, there will be no demand for education and housing. Working overtime and on business trips every day, where can I have the heart to make people? Home is just a place to sleep. What kind of housing should we upgrade? Of course, in this involution world, it is not known what Maotai will do. Maybe you can still sell a bottle for 10 thousand? The question is who will drink it?

(Unless the time machine is invented, "involution" is almost irreversible. )

Don’t get me wrong, "involution" involves not only overtime work, but also work safety. Frankly speaking, if in a society, professionals over the age of 35 or 40 are in a precarious state and may be eliminated at any time, then it is impossible to have truly stable high-end consumer demand.

The life span of modern human beings is getting longer and longer, and being eliminated at the age of 40 means spending the next 40 years helpless-this horrible atmosphere is enough to curb anyone’s consumption demand. Only the self-media and knowledge payment platform with "selling anxiety" will make a sum of money. As for the new generation of young people? It seems that it can rise faster, but when it really climbs to a high position, most of them are over 30 years old; It’s only a few years since I was eliminated. Are you going to be laid off and re-employed, or are you going home to sell sweet potatoes? What, you mean to travel to Europe and buy a timeshare villa? It doesn’t exist!

In the United States, not only console games, 3A games are a big industry, outdoor sports.(including equipment and services)It is also a big industry, even garden landscape.(Building a lawn in the backyard, planting trees, etc.)It is also a big industry. In the involution of China’s "middle class" society, few people are really good at playing outdoors; Even if you can afford a big house, few people have time to take care of flowers and plants. Of course, according to the mainstream view of my circle of friends, we don’t need to develop those flashy industries, we just need to develop high-tech technologies that "determine national luck" such as cloud computing, big data, AI, Internet of Things and blockchain.

However, I still want to ask-who will ultimately consume all this? Isn’t the most fundamental demand of all economies consumption? Insufficient marginal propensity to consume, isn’t it the chief culprit of economic stagnation and even economic crisis? What applications are you going to make of cloud computing, big data and AI, and which families will spend it on which occasions?

After all, many people don’t say with one voice: games are harmful to children, movies are best not to waste time watching, adults have no time for entertainment, 996 is a blessing, hard work is the foundation, and modern consumer culture is nothing more than a plaything. So what do we spend so much time, learn so much knowledge and study so many advanced technologies for?

Is it because when the three-body people attack us, they can die with more dignity?

This article is from WeChat official account:Internet and entertainment thieves (ID: TMT Phantom), Author: Pei Pei, head of the bandit group

　　On January 19th, 2023, the Guangdong Spring Festival group meeting was held in Guangzhou, and people from all walks of life gathered together to celebrate the Spring Festival. Huang Kunming, Secretary of the Provincial Party Committee, Wang Xiubin, Commander of the Southern Theater, Wang Weizhong, Deputy Secretary of the Provincial Party Committee and Governor, Huang Chuping, Director of the Standing Committee of the Provincial People’s Congress, Lin Keqing, Chairman of the Provincial Political Consultative Conference, Standing Committee of the Provincial Party Committee and Secretary of the Guangzhou Municipal Party Committee attended the group meeting.

　　The Lingnan Hall of Zhudao Hotel is decorated with colorful lights and warm feelings, and the scene is filled with festive and peaceful festive atmosphere.

　　In his speech, Huang Kunming, on behalf of the Guangdong Provincial Committee of the Communist Party of China, the Standing Committee of the Provincial People’s Congress, the provincial government and the Provincial Political Consultative Conference, extended a wonderful New Year greeting to the people of the whole province, to the officers and men of the People’s Liberation Army, the Armed Police stationed in Guangdong, to the democratic parties, the Federation of Industry and Commerce, people without party affiliation, people’s organizations and people from all walks of life, to the retired veteran cadres and veteran comrades in the whole province, and to all Hong Kong, Macao and Taiwan compatriots, overseas Chinese and friends at home and abroad who care about and support Guangdong’s

　　Huang Kunming said that with the approach of the New Year of the Rabbit, we will usher in a brand-new beginning. In this season when winter leaves and spring comes, we are full of lofty sentiments. The 20th National Congress of the Communist Party of China has drawn a grand blueprint for building a socialist modern country in an all-round way and comprehensively promoting the great rejuvenation of the Chinese nation with Chinese modernization. This is another new spring ushered in by our party, country and nation, which inspires us to move forward with high spirits and courage, and to work together on a new journey to realize the Chinese dream of the great rejuvenation of the Chinese nation. Looking at the land of South Guangdong, we are full of confidence. With the continuous release of dividends by the central macro-policy, epidemic prevention and control has entered a new stage, the development will accumulated in the Guangdong market has been strongly released, and the whole society has been rushing to create vitality, with more kinetic energy and stronger potential for high-quality development. The vitality of spring has filled every corner of Guangdong, which is a vivid epitome of China’s vigorous progress. Looking forward to a bright future, we are full of longing. As long as we make unremitting efforts and continue to struggle in accordance with the decision-making arrangements of the General Secretary and the CPC Central Committee, the road to high-quality development in Guangdong will surely become wider and wider, the land in Guangdong will surely be bluer, the water will be greener and the home will be more beautiful, and the lives of parents and villagers will surely become richer and richer.

　　Huang Kunming said that happiness is a struggle, and the harvest is cultivated. 2023 is the first year to fully implement the spirit of the 20th Party Congress. Standing at a new historical starting point, we should unite more closely around the CPC Central Committee with the supreme leader as the core, persist in self-confidence, self-improvement, integrity and innovation, do a solid job in Guangdong, and strive to turn the grand goal into a beautiful reality step by step. It is necessary to start a new game with hard work and hard work, adhere to the spirit of daring to be the first and doing the first, seize the day and wait for no one, and have a solid and effective style, so as to seek and do all the work of reform, development and stability ahead, boost the momentum of the start, show the actions of the start, and make a good start. We should serve the people sincerely, always take the people as the center, do more work to benefit and warm people’s hearts, and take more measures to promote people’s interests and solve people’s worries, so that all kinds of talents can display their talents and achieve their ideals in Guangdong, and let the folks live a better life and be happy. We should work together to create the future, gather consensus, wisdom and strength, and push the whole province to think in one place, make efforts in one place, twist into a rope, and work hard to push Guangdong to be at the forefront of the country and create new glories in the new journey.

　　At the group meeting, the delegates watched the work feature film and reviewed the new progress and achievements made in various undertakings in Guangdong in the past year under the strong leadership of the Supreme Leader General Secretary and the CPC Central Committee.

　　Leading comrades of the Provincial Party Committee, the Standing Committee of the Provincial People’s Congress, the provincial government, the provincial CPPCC, the main responsible comrades of the provincial courts and the provincial procuratorates, and the veteran comrades and relevant leading comrades who have held leadership positions at or above the deputy provincial level; Principal responsible comrades of units above the deputy army in Guangdong; The main responsible comrades of relevant units and people’s organizations directly under the provincial government and directly under the central government in Guangdong; The main responsible comrades of the democratic parties and the Federation of Industry and Commerce in the province and representatives of personages without party affiliation; Some of them are representatives of the 13th Party Congress in delegates to 20th National Congress of the Communist Party of China (CPC) and the province at the grass-roots level, deputies to the National People’s Congress and the provincial people’s congress, members of Chinese People’s Political Consultative Conference and members of the provincial CPPCC; Representatives from workers, farmers, youth, women, disabled people, science and technology, education, sports, health, industry and commerce, literature and art, ethnic religions, veterans and other people from all walks of life attended the group meeting.

According to the needs of work, in accordance with the Regulations on Personnel Management of Public Institutions and the relevant policies and regulations on public recruitment of public institutions, the institutions directly under the Supreme People’s Procuratorate (National Prosecutor’s College, Procuratorial Daily and Procuratorial Theory Institute) openly recruited 10 staff members for fresh college graduates in 2024. The relevant specific matters are hereby announced as follows.

First, the basic conditions of candidates

(1) Having People’s Republic of China (PRC) nationality.

(two) support and abide by the Constitution and laws and regulations of People’s Republic of China (PRC), support the leadership of the Communist Party of China (CPC) and the socialist system, and have good conduct.

(3) Undergraduates should not exceed 24 years of age (born after March 1999), postgraduates should not exceed 27 years of age (born after March 1996) and doctoral students should not exceed 35 years of age (born after March 1988).

(4) Having the professional or technical requirements required for the post.

(5) Having the physical conditions and psychological quality to perform their duties normally.

(6) Meet other conditions required by the post.

Persons who have received criminal punishment for crimes, those who have been expelled from the Communist Party of China (CPC) Party membership, those who have been expelled from public office, those who have been listed as joint disciplinary targets for dishonesty according to law, those who have been found to have committed serious violations of the discipline of examination record (employment) in the recruitment of public officials at all levels, and those who are not allowed to be employed as staff of public institutions according to laws and regulations may not apply for employment.

Applicants are not allowed to apply for employment, which constitutes a recruitment position in avoidance relationship.

Second, the scope of recruitment

The recruitment target is the fresh graduates of the national colleges and universities in 2024 (including college graduates who have not implemented their work units during the two-year career selection period, excluding all kinds of entrusted students and orientation students). Candidates must obtain academic degree certificates upon graduation. Students in Beijing refer to applicants who already have permanent residence in Beijing, excluding collective residence in Beijing universities.

Third, the recruitment position and conditions

This recruitment involves 9 positions and plans to recruit 10 people. For specific positions and qualifications, please refer to the Information Form of Open Recruitment Positions of Institutions Directly under the Supreme People’s Procuratorate in 2024 (hereinafter referred to as the Position Form). Among them, the professional conditions of relevant posts refer to the professional catalogue published by the Ministry of Education (Catalogue of Undergraduate Majors in Ordinary Colleges and Universities and Catalogue of Subjects and Professions for Granting Doctoral and Master’s Degrees and Training Postgraduates). If you have any questions about your major when you register, you can call to find out (please refer to the Post Table for details).

IV. Recruitment Procedures

(a) the application method and time

The application for registration is conducted online, and the address of the registration website is   https://www.gongzhao.net/cms/front/zppc.act? pcid=2c9130818d6f2b3c018de374ed224fd8。 The time for applicants to submit their application for registration is from the date of announcement to April 10, 2024, and each person is limited to one position.

(2) Qualification examination

Qualification examination runs through the whole process of open recruitment. Only when the ratio of the number of people who pass the qualification examination for the same post to the number of people who plan to recruit for the post reaches at least 3:1 can the examination be started. If the ratio is not reached, the number of people who recruit for the post should be reduced before the written examination to ensure that the proportion of people who plan to recruit for the post is reached until the recruitment plan for the post is cancelled. If the job recruitment plan is cancelled, the applicant for this position can change to other positions that meet the registration qualifications before the written test begins. Reducing the number of job recruits or canceling the job recruitment plan will be announced on the registration website before the written test. Applicants who have close relatives and major social relations in the Supreme People’s Procuratorate and its directly affiliated institutions should take the initiative to report to the Political Department of the Supreme People’s Procuratorate at the time of registration.

(3) written examination

The written test focuses on the ability to analyze and solve problems under the guidance of Socialism with Chinese characteristics Thought, the supreme leader of the new era, and the professional ability required by the post. The written test scores are calculated according to the percentage system. The specific time, place and related matters of the written test will be notified separately. The written test does not specify counseling books, nor does it hold or entrust any institution to hold counseling training courses.

(4) Interview

According to the order of candidates’ written test scores from high to low, the candidates for interviews in each position are determined according to the ratio of not less than 3:1 (those with written test scores tied together will enter the interview together). Interview candidates, interview time, place and related matters will be announced on the registration website. If the applicants give up the interview qualification, they will be replenished according to the written test scores from high to low.

Conduct qualification review before the interview, and check the application with the applicant himself, the original ID card and the registration recommendation form stamped by the school. Where the main information of the relevant materials is untrue and affects the results of qualification examination, the interview qualification will be cancelled.

The comprehensive score of the exam is calculated according to the ratio of written test score and interview score, each accounting for 50%.

(5) Physical examination and inspection

According to the order of the comprehensive test scores of the applicants from high to low, the candidates who participated in the physical examination and inspection were determined according to the ratio difference of 2: 1. Among them, if the ratio between the actual number of people who participated in the interview and the number of people who planned to recruit for this position is less than 3:1, the applicants who applied for the interview should reach 75 points before they can be determined as candidates for physical examination and inspection.

1. Physical examination. Physical examination items and standards refer to the General Standard for Physical Examination of Civil Servants (Trial) and the operation manual.

2. inspection. The inspection work highlights political standards, and adopts methods such as field visits, individual conversations, reviewing student status files, inquiring about social credit records, and interviewing with myself to fully understand the candidate’s political quality, moral conduct, ability and quality, psychological quality, academic performance, law-abiding, honesty and self-discipline, and whether there are any situations that should be avoided, and the matching degree with the recruitment position. Comprehensive candidates’ test scores, physical examination results and inspection results determine the candidates to be hired, not just to choose people.

Candidates who fail to pass the physical examination or inspection can be replenished according to the order of comprehensive test scores from high to low.

According to the needs of work, some positions will be evaluated for psychological quality.

(6) publicity

The list of persons to be employed will be publicized on the open recruitment service platforms and registration websites of central and state organs and institutions for 7 working days.

(7) Employment

After the expiration of the publicity period, if there is no problem or the problems reflected do not affect the employment, the employment procedures shall be handled according to the regulations; Those who reflect the problems that affect employment and verify them shall not be employed; If it is difficult to verify the problems reflected at the moment, the employment can be suspended, and then it is decided whether to go through the employment procedures after being found out.

The newly hired personnel shall implement the probation system according to the regulations, and those who pass the probation period shall be formally employed; Unqualified, cancel the employment.

V. Matters needing attention

(1) The relevant information of this open recruitment is posted on the registration website, so please pay attention to it in time. When registering, please fill in the fixed telephone number and mobile phone number in a standardized way, and keep the communication smooth.

(2) This open recruitment will be reviewed according to the professional catalogues published by the education departments such as the Catalogue of Undergraduate Majors in Ordinary Colleges and Universities and the Catalogue of Subjects and Professions for Granting Doctoral and Master’s Degrees and Training Postgraduates. If there are special circumstances, please take the initiative to explain.

(3) The registration information submitted by the applicants shall be detailed, true and accurate. Anyone who practices fraud or commits other acts that violate the discipline of open recruitment will be dealt with in accordance with the Provisions on Handling Violations of Discipline in Open Recruitment of Public Institutions.

The Political Department of the Supreme People’s Procuratorate is responsible for the interpretation of this announcement.

Attachment: Information Form of Public Recruitment Positions of Institutions Directly under the Supreme People’s Procuratorate in 2024

Political Department of the Supreme People’s Procuratorate

March 27, 2024

　　Wearing a uniform, he greeted the passengers with a smile and showed them the way. Not only that, he can also communicate with foreign tourists in fluent English. He is Zhang Hua, the security guard at Zhonghua Gate Station of Nanjing Metro. Recently, a video shot by a netizen of Uncle Zhang Hua guiding foreign tourists in fluent English made Uncle Zhang a "online celebrity". The netizen even felt: "Uncle English is so awesome, I thought it was a bronze, but it turned out to be a king!"

　　The pictures in this article are all dragon and tiger network pictures. "I learned English by myself when I was just working in my twenties, and I also took the national self-study exam." On the afternoon of July 18th, the reporter met this "online celebrity" uncle at Zhonghua Gate subway station. Uncle Zhang told the reporter with a smile that he liked English very much when he was in high school. Later, he met many foreign friends at work and the company had a lot of English materials, so he had the idea of learning English by himself. "Actually, I didn’t use a lot of English in my previous job. I didn’t expect to be a subway security guard after retirement, and I was surprised to use English in this position."

　　Uncle Zhang said that before foreign passengers asked for directions in blunt Chinese, he communicated with each other in English. "Foreign passengers were surprised and thought that a small security guard could speak English so well." Before being transferred to Zhonghua Gate subway station, Uncle Zhang worked as a security guard in Xuanwu Gate subway. At that time, he met a group of international students from Beijing who wanted to visit Xuanwu Lake Park, but didn’t know which exit to take. "I told them how to get there in English at that time. They were very happy and gave them a thumbs-up before leaving." Talking about this impressive guide, Uncle Zhang smiled happily. "I feel that I have won glory for Nanjing."

　　(The original title is: "The security uncle of the subway is a real cow: fluent English is praised for guiding foreign passengers")

Fake identities, fake academic qualifications, fake house purchase contracts, and even a fake mother … Xu Kai, who only has junior high school education, took great pains to defraud money and put on a "good show". Recently, the court sentenced the defendant Xu Kai to five years’ imprisonment for fraud after prosecution by the Procuratorate of Suzhou Industrial Park, Jiangsu Province.

Conceal one’s married status

Pick up unmarried white-collar women

Xu Kai, who was in his early thirties, went to school in Suqian, Jiangsu Province, and graduated from junior high school. He went to the society early, got married in his hometown and had a pair of children. After marriage, his wife and two children lived in their hometown, and Xu Kai worked alone in Suzhou.

On the day before the Tomb-Sweeping Day holiday in 2018, Xu Kai and his younger brother drove back to their hometown together, and took two people with them for a ride. Xu Kai and one of the girls, Wen Qiu, had a good talk on the road and exchanged WeChat messages. During their vacation in their hometown, they also kept chatting. During the chat, Xu Kai claimed to be single, graduated from a famous university in Shanghai and worked in the financial department of a company. After the holiday, the two met again and returned to Suzhou.

A few days later, Wen Qiu went back to her hometown because her mother was going to have an operation, and Xu Kai accompanied her back to her hometown. Xu Kai stayed in the hotel for three days in order not to let his wife find out. After returning to Suzhou this time, Wen Qiu’s affection for Xu Kai doubled, and he felt that his own conditions were good and he was still an understanding man. After graduating from Wenqiu University, she has a well-paid job, and she has been eager for a sincere relationship.

Since then, the contact between the two has become more and more frequent. A few days later, Xu Kai made an appointment with Wen Qiu to do steaming and try to make physical contact. See Wen Qiu didn’t resist, Xu Kai simply asked her to stay in a hotel at night, and they established a relationship that night. A few days later, Xu Kai withdrew her rent and moved to Wen Qiu’s community, and they formally lived together.

Xu Kai said frankly that she never told Wen Qiu about her married status. At first, she wanted to have sex with her, and then she wanted to cheat her.

In order to gain trust

I actually found a fake mother to assist.

In May 2018, Xu Kai made an idea about Wen Qiu’s money. He found someone to forge a purchase deposit invoice for a property, and told Wen Qiu that he was ready to buy a house in Suzhou, and he was still short of 50,000 yuan. Wen Qiu went to the bank and loan platform without saying anything, and called Xu Kai with his own savings.

From May to July of the same year, Xu Kai borrowed money from Wenqiu for many reasons, such as buying investment and wealth management products, his cousin doing loan business, his parents having a hard life at home, and preparing to start their own business.

Wen Qiu felt that her boyfriend used money for legitimate purposes and never refused. At the same time, she also expressed her desire to marry Xu Kai, hoping to arrange for her parents to meet as soon as possible.

In order to stabilize Wen Qiu and continue to cheat her out of money, Xu Kai agreed to Wen Qiu’s request to meet her parents. Remembering that in the circle of friends, he often watched a netizen advertise for actors, Xu Kai contacted him and hoped that he would find a woman in her fifties to play his mother.

According to Xu Kai’s request, the fake mother met Wen Qiu in the house where they lived together. After taking some housework, she left on the pretext of taking care of Xu Kai’s sister’s children. Xu Kai registered another WeChat to chat with Wen Qiu as a fake mother.

One day, the "fake mother" anxiously told Wen Qiu that Xu Kai’s grandfather was ill and could not contact others, hoping that he would go home quickly. Wen Qiu quickly conveyed the words of "fake mother" to Xu Kai. Xu Kai said, grandpa has passed away, I hope to borrow some money and go to my hometown to do grandpa’s funeral. Wen Qiu borrowed 20,000 yuan from a friend to Xu Kai.

Later, Xu Kai went to his hometown to meet Wen Qiu’s mother and fake mother, and the two sides formally settled the marriage. Wen Qiu also trusted her boyfriend more.

In October of the same year, Xu Kai told Wen Qiu that the house he had bought was to be renovated, and he had to pay the renovation deposit to the property, plus the renovation of the floor tiles of the house, which required a total of more than 40,000 yuan. Wen Qiu thought that Xu Kai’s house would be her own house in the future, and it was normal for her to need money for decoration. She borrowed 30,000 yuan from the boss of her company, and added her own savings to make up 40,000 yuan for Xu Kai.

Before the Spring Festival in 2019, Wen Qiu received a salary and year-end award of more than 100,000 yuan. Xu Kai took this opportunity to cheat Wen Qiu in the name of opening a supermarket in his hometown. The money was basically squandered by Xu Kai. In order to support her boyfriend’s "career", the year-end bonus that Wen Qiu just got soon ran out.

In February 2019, Xu Kai and Wen Qiu said that the factory in their hometown was going to be demolished (he had previously made up with Wen Qiu that his parents were doing wood business). He wanted to get the demolition money early and needed to invite people to dinner, so he borrowed 10,000 yuan from Wen Qiu. The "fake mother" also sent WeChat and Wen Qiu to say that this kind of thing needs to spend more money, get the demolition money earlier, and Wen Qiu transferred another 10,000 yuan to Xu Kai.

Capture the cheating object in the marriage information

In April 2019, Xu Kai saw a marriage advertisement on the convenience information column in his hometown, so he contacted the other party with the WeChat of "Fake Mom" and said that he would introduce his son to her. After the other party agreed, Xu Kai added the other party with his own WeChat. In the long run, they also established a relationship, and Xu Kai began to borrow money from his new girlfriend Zhou Tong.

In the same month, Wen Qiu invited her friend Peng Ling to dinner at home. Peng Ling talked about raising leeches, which aroused Xu Kai’s interest. After that, Xu Kai went to Peng Ling’s beauty salon to do several weight-loss projects, but none of them paid. When Peng Ling mentioned that she had to pay for the project, Xu Kai introduced herself to the other party as a financial project, which could help her increase the credit card limit. Peng Ling gave Xu Kai her bank card account number and password.

In the process of associating with Xu Kai, Zhou Tong heard Xu Kai say that she was doing business at home, and all the watches she wore were several hundred thousand yuan, but she found that Xu Kai didn’t have to go to work. In addition, there is always a person called "Wen Zong" on Xu Kai’s mobile phone, and Xu Kai always goes to a place where no one is there to pick it up. Zhou Tong also found this person in Xu Kai’s car’s driving license and WeChat, which made her suspicious.

Zhou Tong went to ask Xu Kai if he had a wife, but Xu Kai said he was not married and was going to break up with Wen Qiu. Seeing this situation, Jay Chou doesn’t intend to fall in love with Xu Kai again. She just wants her money back, but Xu Kai never pays it back, and she is slowly alienated from her.

Be exposed

Thousands of routines can’t get around "money"

After discovering that she was cheated, Zhou Tong added Wen Qiu’s WeChat and saw many photos of Xu Kai in the circle of friends. She told Wen Qiu about her experience. Wen Qiu asked Xu Kai in her hometown and found that he was married and had children. Later, Wen Qiu met Xu Kai’s real mother and checked the purchase invoices provided by Xu Kai, and found that they were all forged. In addition, Wen Qiu has repeatedly received dunning information from a number of online lending platforms, and found that Xu Kai has borrowed and cashed out more than 100,000 yuan from a number of lending platforms in his own name.

It turns out that Xu Kai’s association with himself is a complete scam. Wen Qiu was disheartened. She called Peng Ling to remind her that Xu Kai might be a liar. Peng Ling immediately searched for two credit cards that she had given to Xu Kai to ask him to raise the amount for herself, and found that the amount had been brushed up by Xu Kai. Peng Ling reported the loss of her credit card to the police. The police arrested Xu Kai on August 21 of the same year after putting on record for investigation.

The prosecutor found that Xu Kai defrauded Wen Qiu of more than 320,000 yuan by fraudulent means for the purpose of illegal possession, such as buying a house, opening a shop, and his grandfather’s death. The amount was relatively large, and he should be investigated for criminal responsibility for fraud. Therefore, he filed a public prosecution with the court on December 31, 2019.

After sorting out many similar cases, the prosecutor found that the usual routine of swindlers is to package themselves as single and rich aspiring young people, but the essence is to cast a wide net and cheat more money. Either they need money to buy a house, or they are ill and in urgent need of money. They can’t get around the word "money" all the time. When they cheat money, they will try their best to gain the trust of each other and make false promises. The prosecutor reminded: Try to verify the identity of the other party in communication, and beware of stepping into the trap carefully designed by criminals, leaving both people and money empty. (The characters in the text are all pseudonyms. )

(Source: Procuratorial Daily Author: Ge Qing Li Dongshan)

　　In recent years, Zhejiang has conscientiously implemented the Opinions of the CPC Central Committee on Strengthening the Construction of a Clean and Honest Culture in the New Era, given full play to Zhejiang’s advantages as a pioneer in the construction of a clean and honest culture, strengthened the provincial top-level design of the construction of a clean and honest culture, focused on launching the brand of "Zhejiang Li Lian Feng", adhered to being close to reality, life and the masses, focused on the masses’ sense of identity, responsibility and acquisition of a clean and honest culture, and innovatively constructed an interactive expression matrix of mass clean and honest culture. Improve the reach and effectiveness of clean culture, cultivate the party style and political style, promote the folk customs and social style with the breeze and righteousness, promote clean and honest to become a common value concept followed by cadres, the masses, the industry and the society, and promote common prosperity.

　　Since May, scenic spots in Jingning She Autonomous County of Lishui City have ushered in a tourism boom. At the scene of the duet of She songs on the theme of honesty in the "China Window of She Township" scenic spot located in Dajun Township, dozens of She people dressed in festive costumes sang classic incorruptible songs in She language, such as "Persuading the World Song", "She Chanting Integrity" and "Twenty Articles on the Red Line of Performing Duty". While comparing the lyrics cue cards, tourists learned to sing the She folk songs on the theme of honesty with the She people, and "the most dazzling She Lian Feng" detonated the audience.

　　In combination with various forms of folk cultural activities, the Supervision Committee of the Commission for Discipline Inspection of Jingning County has launched a cultural package of "Journey to the Clear Wind" which integrates "She Taste" and "Lian Taste", bringing visitors an audio-visual feast full of "She Lian" elements. Tourism resources make clean culture full of vitality, and clean culture enriches the spiritual connotation for tourism development. Nowadays, it is becoming a new trend for all parts of Zhejiang to integrate clean culture into urban landscapes and cultural tourism attractions, and to create a "cheap tour" that integrates tourism, leisure and education.

　　Integrity culture is an important measure to enrich the spiritual world of the masses and promote spiritual wealth with honesty and culture, and it is the proper meaning of common prosperity. Zhejiang gives full play to the advantages of building a clean and honest culture, and takes strengthening the clean and honest culture construction as an important content into the key work runway of building a common prosperity demonstration zone, so as to achieve overall coordination, systematic planning, overall promotion, integrity and innovation, and explore and build a clean and honest culture construction system with distinctive Zhejiang characteristics in the new era, so that the clean and honest culture construction will be closer to reality, life and people, and continue to polish the "golden business card" of clean and honest culture with provincial recognition and national influence.

　　"Moisten things silently"

　　Integrate into the daily sharing of cool breeze and beautiful scenery

　　Yongjia County Commission for Discipline Inspection and Supervision has continuously enriched the carrier of clean culture and cultivated "Qingfeng ‘ Jia ’ Live broadcast room "brand, online and offline to carry out integrity education simultaneously, and constantly enhance the influence and penetration of integrity education. The picture shows that recently, the young discipline inspection and supervision cadres in the county are in "Qingfeng ‘ Jia ’ The live broadcast room tells the story of a clean family style. Photo by Gray

　　In Jiande Service Area of Hangzhou-Hangzhou Expressway, there are cheap, easy-to-buy, pure-meaning courtyard and Qingyi exhibition hall, which are full of cheap flavor and unique. This is the first incorruptible theme expressway service area created by Hangzhou Commission for Discipline Inspection and Supervision and Hangzhou Jiaotou Group — — "Lian Yi @ Home" is a fusion of clean culture, which provides public services such as shopping, leisure and culture for visitors from all directions, while strengthening the mass attribute of clean culture.

　　Focusing on the characteristics of "Zhejiang flavor" and "times", Zhejiang strengthens the top-level design, plans and integrates resources as a whole, adheres to the concept of co-construction and sharing, integrates the construction of clean culture into the overall planning of public cultural services, and transforms clean culture into a daily element that the broad masses of cadres and people can see and touch, and constantly enhances the appeal and penetration of clean culture.

　　Zhejiang is rich in traditional culture and red revolutionary culture. To this end, Zhejiang integrates and revitalizes clean cultural resources, builds a multi-level and classified clean cultural position system in the whole province, and establishes a clean cultural matrix of "one place, one product, and features online and offline" to aggregate clean centripetal force with position radiation.

　　At the provincial level, the provincial law and discipline education base, led by the Provincial Commission for Discipline Inspection and Supervision, which is jointly built by provinces and cities, has become an important place for party member cadres to receive warning education. Since its establishment in 2003, the provincial law and discipline education base has received more than 490,000 cadres from party member. Discipline inspection and supervision organs in various places use their brains to find ways to create clean and honest cultural positions in combination with local cultural resources, such as the Qingfeng Garden in Cicheng, Ningbo, the Honglian Museum in Nanhu, Jiaxing, and the "Shili Qingfeng" clean and honest cultural corridor in Lishui & HELIP; … A number of clean and honest cultural positions with local characteristics have sprung up like mushrooms after rain. With the red revolutionary culture, advanced socialist culture and excellent Chinese traditional culture as the cornerstones, Zhejiang has built a full coverage and socialized clean and honest cultural base from the bottom up. At present, there are over 400 clean and honest cultural education bases in the province, including 2 national clean and honest education bases and 50 provincial clean and honest cultural education bases with a construction area of over 1 million square meters.

　　At the same time, the Supervision Committee of the Zhejiang Provincial Commission for Discipline Inspection encourages all localities to promote the digitalization and informationization of the resources of clean and honest culture positions, and improve the accessibility and accessibility of clean and honest culture. Jindong district, Jinhua City gathers clean positions in the whole region to create a "clean map", and you can follow the video "Cloud Punch" for 12 clean micro-landmarks in the whole region in just half an hour with your fingers. Zhuji City has developed and launched the application of "Clean Wind and Clean Road in the New Era" on the platform of "Zheli Office" and WeChat applet. Taking "Clean Culture+"as the starting point, it integrates the modules of "Literature, Travel, Production and Learning" to provide more immersive online and offline clean education services for cadres and the masses.

　　"Through the combination of literature and tourism, culture and education, and digital integration, we will always deeply integrate the culture of honesty into social life and avoid the emergence of ‘ Stiff indoctrination ’ Phenomenon, constantly expand the popular attributes of clean culture, make clean culture alive and use, and continue to create a social atmosphere that is proud of honesty and beautiful. " The relevant person in charge of the Zhejiang Provincial Commission for Discipline Inspection said.

　　"To have a source of living water"

　　Do everything to moisten social cells.

　　In Lin ‘an District of Hangzhou, the incorruptible elements in the seal culture were deeply excavated, and the incorruptible education activities of "building a clean seal" were carried out, and young cadres in the area were organized to engrave an exclusive seal with their own names, making a promise of "performing their duties first" and planting the concept of incorruptibility with a full sense of ceremony. The picture shows the young cadres in Changhua Town, Lin ‘an District cherish their "clean seal" and promise "clean promise". Ren Xiaodong

　　Strengthening the construction of a clean and honest culture requires both spring rain-like infiltration and strong and effective education and guidance. In recent years, the discipline inspection and supervision organs at all levels in Zhejiang Province have paid attention to strengthening the education of honesty, especially giving play to the infiltration function of honesty and family style, highlighting the key object of party member cadres and families, and amplifying the demonstration effect of honesty and family style.

　　"As a member of the family, it is my duty to urge my husband to be honest and self-disciplined. I should not only be a good wife in the family, but also be a good one ‘ Secretary of the Family Discipline Inspection Commission ’ 。” Not long ago, a family member of a township cadre shared her experience at the scene of the clean family style education activity for the spouses of leading cadres in Cangnan County, Wenzhou City. The Supervision Committee of the Commission for Discipline Inspection of Cangnan County organized a series of clean education activities, such as "the breeze enters the house", in combination with the opportunity of selecting civilized families and "five good" families, to educate party member cadres to strengthen the consciousness of "supporting their families with honesty" and build a family defense line against corruption and change.

　　In order to make the family "cells" clean and promote the social "body" clean and honest, and to support the whole society with the good family style of thousands of families in Qian Qian, all parts of Zhejiang have actively explored. Taizhou initiated the "Clean Family Evaluation Index Table", which refined the evaluation content into 14 secondary evaluation modules, and carried out a two-way evaluation of "positive investigation+reverse investigation" to improve the effectiveness of family style construction. Lishui City fully tapped the family style allusions of revolutionary ancestors and historical sages in southwest Zhejiang, and displayed good stories of family style training in various places in the form of videos, cartoons, texts, etc., and vigorously promoted "clean family style" with the theme education activities of "promoting clean family style and building the most beautiful family". The Supervision Committee of the Commission for Discipline Inspection of Ninghai County, Ningbo City, together with the Working Committee of the county-level organs, the county women’s Federation and other departments, launched a list of "three disclosures" and a cartoon reminder card of "Ten Must Ask" to guide the families of cadres in party member to consciously guard the "happiness gate".

　　Focusing on the youth group, at present, the "Qing" cheap talk show is booming all over the province, with unconstrained script conception, exquisite on-the-spot response and skillful rhythm control. Young people from all walks of life talk about "incorruptibility" and present the discipline rules with humorous language and interesting expression. In the new era, young people’s unique ideas and novel opinions on "honesty" are realized through learning and speaking, which inspires young people to be honest and self-disciplined, and sets off an upsurge of young people saying, learning and respecting honesty.

　　Honest culture is not a lofty and lofty "spring snow". Zhejiang continues to deepen the connotation and extension of honest culture, allowing honest culture to infiltrate values and moral concepts, promoting the establishment of the ethos of advocating honesty as a cultural rule to be followed by the whole society, and further exerting the important role of honest culture in purifying social customs and conserving grassroots political ecology.

　　In Tiantai County, the birthplace of Chinese "Hehe Culture", the Supervision Committee of the County Commission for Discipline Inspection has continuously decoded Hehe gene, refining the clean concept of "clear distinction between public and private, fairness and decency, people-oriented, doing more practical things, paying attention to honesty and indifferent to fame and fortune". Nowadays, the friendly and gratifying cartoon image of "Harmony and Honesty" welcomes visitors from all directions in beautiful countryside. The propaganda group of "Harmony and Breeze" goes to the village to send "Honesty" to the door, and "Harmony and Breeze" permeates the grass-roots social governance, giving birth to a number of "golden ideas" that serve social production and life, such as letters and visits, mediation, teams and neighbors, and the culture of harmony and harmony nourishes the politics with a clean atmosphere.

　　"Fly into the homes of ordinary people"

　　Close to the masses and strive to create quality products of the times.

　　The Supervision Committee of the Commission for Discipline Inspection of Yunhe County strengthens the publicity of clean culture by touring the grassroots exhibitions of clean works and compiling theme publications, so as to create a good atmosphere of honesty, morality and honesty, and guide the broad masses of cadres and people to respect, think and keep clean. The picture shows the children of Yunhe County Experimental Primary School reading the publication on the theme of clean culture. Photo by zhangqian

　　On April 8th, under the guidance of the Supervision Committee of Ningbo Commission for Discipline Inspection, the clean and honest Yue opera "Walking the Horse and Imperial History" produced by Ningbo Performing Arts Group and performed by Ningbo Xiaobaihuayue Troupe was staged at the National Grand Theatre. It is reported that "The Imperial History of Walking Horse" has been on the road of public performance. Two months ago, the breeze of Ningbo Imperial History Culture blew to the edge of the desert, giving the people of Kuqa, Xinjiang a clean and honest cultural feast with modern aesthetics.

　　How to make the culture of honesty more vital? Only by integrating into the grassroots, approaching the masses and deepening the hearts of the people. Zhejiang has always adhered to the people’s position, guided by meeting the people’s demand for a clean culture, insisted on using people’s well-known figures and stories to create works, activated the historical genes of clean culture, expanded the era meaning of clean culture, and provided high-quality works that infiltrated the heart and inspired the mind, so as to keep pace with the times, resonate with the people, and enhance the people’s stickiness in the supply of clean culture.

　　Zhejiang Xiaobaihua Yue Opera Troupe is well-known among the fans of Yue Opera all over the country. Keqiao District of Shaoxing City has made full use of the advantages of "the hometown of opera" to arrange a clean and cultural boutique drama "One Money is the Taishou", which has toured the whole country and the whole province. With the story of Yu Qian, one of the "three outstanding figures in the West Lake", as the core, Hangzhou created the burlesque "Clear in White", and qingtian county created the Yue Opera "Liu Ji’s Return to the Native" based on the well-known story of Liu Bowen pleading for the people, and so on. Many works were selected for the projects funded by Zhejiang Culture and Art Development Fund, and the quality of clean culture showed a trend of blooming.

　　To play the role of clean culture in building consensus, enhancing identity and expanding influence, it is necessary to stimulate more social subjects to join in the creation and dissemination of clean culture and create an atmosphere of co-construction and sharing. All localities combine local realities, connect historical traditions, and tap local characteristics to find expressions that conform to the rhythm and aesthetic taste of modern society, promote the integration of clean culture in the new era with film and television, drama, literature, calligraphy, crafts, art and other fields, explore new paths for the spread of clean culture in the 5G era, and help clean culture "go out of the circle".

　　As an incorruptible cultural brand competition with distinctive Zhejiang recognition and national influence, the participants of the "Jade Cong Cup" incorruptible micro-film micro-video contest come from all walks of life all over the country. The newly set national college competition area has received 441 works from 58 colleges and universities, which fully stimulated the creative enthusiasm of college students. After the launch of the national call for papers for the 6th Lotus Cup Integrity Story Competition, it attracted the support of writers, workers, cadres, teachers, entrepreneurs, retirees and other groups, including Zi Jinchen, winner of Mao Dun Newcomer Award, He Changzai, winner of Mao Dun Literature Newcomer Award, and Qi Yingjun, an online writer.

　　Judging the winning works does not mean the end of the competition, but the process of taking root and sprouting clean seeds has just begun. Zhejiang continues to create a new paradigm of incorruptible cultural communication, and more and more incorruptible cultural works with cultural thickness, emotional temperature and ideological depth are inserted with innovative wings and fly into the homes of ordinary people. China Dam, an award-winning micro-film in the 3rd "Jade Cong Cup" Clean Micro-film Micro-video Competition, has completed the project of cinema film, which is a new attempt to open clean cultural products to the market. Not only that, in 2022, the fourth Qingfeng Cinema established by "Jade Cong Cup" and the first "Qingfeng Cinema" outside Zhejiang Province were listed in Anhui Sports Vocational and Technical College, and the previous "Jade Cong Cup" award-winning works were broadcast in the cinema in the form of public welfare, with better audio-visual effects. Continue to spread the energy of clean culture to cadres and the masses.

　　"The construction of a clean and honest culture in the new era is a systematic project that lays the foundation and benefits the long-term. It must be a long-term effort and unremitting efforts." The relevant person in charge of the Supervision Committee of the Zhejiang Provincial Commission for Discipline Inspection said that Zhejiang will carry forward the first demonstration of socialist cultural development, continue to strengthen the construction of a clean culture, and let the breeze fill the road of common prosperity.

　　(website of Zhejiang Provincial Commission for Discipline Inspection)

　　In order to further rectify and standardize the market order of housing construction and municipal infrastructure projects in Jiangxi Province, create an open, fair and just competitive environment in the construction market, promote the sustained and healthy development of the construction market in Jiangxi Province, and give full play to the warning and education role of typical cases, Jiangxi announced 10 typical cases of illegal and illegal bidding, affiliated subcontracting and illegal subcontracting in the field of housing municipal projects in this province.

　　1. Four people, including Zhou, Guo Mobo, Liao and Guo Momiao, were affiliated with Shichang Construction Group Co., Ltd. and other 92 enterprises to bid for collusion.

　　In March, 2020, the construction unit, Yin Luling Construction Investment Co., Ltd. of Jingkai District, Ji ‘an City, published the tender announcement of the project of industrial supporting service center in the eastern part of Jinggangshan Economic Development Zone on the public resource trading network of Ji ‘an City. Four people, including Zhou, Guo Mobo, Liao and Guo Momiao, take each company as 2— At the price of 30,000 yuan, 92 companies including Shichang Construction Group Co., Ltd., Jiangxi Sixth Construction Engineering Co., Ltd. and Yuxuan Jianye Group Co., Ltd. were invited to participate in the bidding of this project, and Shichang Construction Group Co., Ltd. won the bid with 141,981,819.66 yuan. After winning the bid, Liao sold the construction right of the project to Luo Mogen at 7% of the winning bid, that is, 9.8 million yuan. Among them, Zhou earned 7.25 million yuan, Liao earned 1.3 million yuan, Guo Momiao earned 750,000 yuan and Guo Mobo earned 500,000 yuan.

　　Processing result:Ji ‘an County People’s Court ruled that four defendants, including Zhou, Guo Mobo, Liao and Guo Momiao, committed the crime of colluding in bidding, sentenced them to fixed-term imprisonment ranging from 8 months to 6 months in criminal detention, and fined them RMB 200,000. The illegal proceeds from the sale of the winning project of 9.8 million yuan and the introduction fee charged by Shichang Construction Group and other companies have been confiscated and turned over to the state treasury. Other enterprise courts have handled the case separately.

　　2. Jiangxi Zhenghua Engineering Project Management Co., Ltd., Jiangxi Jiangxin Engineering Supervision Co., Ltd. and Jiangxi Construction Engineering Construction Supervision Co., Ltd. colluded in bidding cases for many times.

　　From January 2018 to August 2019, Jiangxi Zhenghua Engineering Project Management Co., Ltd., Jiangxi Jiangxin Engineering Supervision Co., Ltd. and Jiangxi Construction Engineering Construction Supervision Co., Ltd. participated in the bidding of 27 projects, including the project supervision of Building 2 of China Energy Conservation International Center in Nanchang High-tech Zone. The machine code of their bidding documents is the same as the uploaded IP address, which is suspected of colluding with each other. On October 16, 2019, Nanchang Urban and Rural Construction Bureau filed a case against the above three units for alleged collusion in bidding. After investigation, there is collusion in the bidding of 12 projects participated by Jiangxi Zhenghua Engineering Project Management Co., Ltd.; There are collusive bidding behaviors in 21 projects participated by Jiangxi Jiangxin Engineering Supervision Co., Ltd.; There are collusive bidding behaviors in 27 projects participated by Jiangxi Construction Engineering Supervision Co., Ltd..

　　Processing result:Nanchang Urban and Rural Construction Bureau cancelled the bidding qualifications of the above three companies to participate in the projects that must be tendered according to law within two years and made an announcement, and imposed a fine of RMB 192,896.88 on Jiangxi Construction Engineering Supervision Co., Ltd., a fine of RMB 17,633.34 on Xu Mouying, a person in charge directly responsible for the unit, a fine of RMB 980 yuan on Guo Mouping and a fine of RMB 600 yuan on Jiang Mouxi. A fine of RMB 118,376.48 was imposed on Jiangxi Jiangxin Engineering Supervision Co., Ltd., and a fine of RMB 11,761.31 was imposed on Zheng, the person in charge directly responsible for the unit; Jiangxi Zhenghua Engineering Project Management Group Co., Ltd. was fined 93,650.4 yuan, and Jiang Moxi, the person in charge directly responsible for the unit, was fined 9339.43 yuan. Another Jiang Moxi was sentenced to 6 months’ imprisonment and fined 50,000 yuan for the crime of colluding in bidding.

　　3. Huacheng Boyuan Engineering Technology Group Co., Ltd. and Nanchang Urban Planning and Design Research Institute colluded in bidding for the new project of Nanchang Women and Children Social Service Center.

　　In June 2019, when Huacheng Boyuan Engineering Technology Group Co., Ltd. and Nanchang Urban Planning and Design Research Institute participated in the bidding for the new engineering design project of Nanchang Women and Children Social Service Center, the sunshine analysis in the submitted bidding documents was similar and they were suspected of colluding with each other. On July 19, 2019, Nanchang Urban and Rural Construction Bureau filed a case against Huacheng Boyuan Engineering Technology Group Co., Ltd. and Nanchang Urban Planning and Design Research Institute for alleged collusion in bidding. After investigation, Huacheng Boyuan Engineering Technology Group Co., Ltd. and Nanchang Urban Planning and Design Research Institute entrusted the same person to prepare the bidding documents when they participated in the bidding for the new engineering design project of Nanchang Women and Children Social Service Center, which was regarded as collusion bidding.

　　Processing result:Nanchang Urban and Rural Construction Bureau imposed a fine of RMB 23,843 on Huacheng Boyuan Engineering Technology Group Co., Ltd., a fine of RMB 2,384 on Song, the person directly in charge of the unit, a fine of RMB 23,843 on Nanchang Urban Planning and Design Research Institute and a fine of RMB 2,384 on Wei Motong, the person directly in charge of the unit.

　　4. The consortium of China Railway Tunnel Bureau Group Co., Ltd. and Beijing Urban Construction Design and Development Group Co., Ltd. colluded with the consortium of Jiangxi Guo Xin Construction Engineering Co., Ltd. and Jiangxi Construction Engineering Group Co., Ltd.

　　On September 30th, 2020, in the evaluation of the qualification standard of the EPC project of Zhuangtang Middle School construction project in Fenyi County, the bid evaluation experts found that the names of the bidders on the cover of the qualification standard documents of the consortium of China Railway Tunnel Bureau Group Co., Ltd. and Beijing Urban Construction Design and Development Group Co., Ltd. were called the consortium of Jiangxi Guo Xin Construction Engineering Co., Ltd. and Jiangxi Construction Engineering Group Co., Ltd., another bidder. The Bid Evaluation Committee found that the two bidders were suspected of colluding in bidding, and the Fenyi County Housing and Urban-Rural Development Bureau filed an investigation according to law, and found that the two bidders had collusive bidding behavior.

　　Processing result:The Housing and Urban-Rural Development Bureau of Fenyi County imposed a fine of RMB 1,092,500 on the consortium of China Railway Tunnel Bureau Group Co., Ltd. and Beijing Urban Construction Design and Development Group Co., Ltd. and the consortium of Jiangxi Guo Xin Construction Engineering Co., Ltd. and Jiangxi Construction Engineering Group Co., Ltd., and imposed a fine of RMB 54,625 on the persons in charge of China Railway Tunnel Bureau Group Co., Ltd. and Nie Moufeng of Jiangxi Guo Xin Construction Engineering Co., Ltd.

　　V. Jiangxi Zhongqi Construction Engineering Co., Ltd. colluded with Jiangxi Jiutai Construction Engineering Co., Ltd., Jiangxi Tenghan Construction Co., Ltd. and Jiangxi Yufa Construction Co., Ltd.

　　On December 14th, 2020, during the evaluation of the Dingjiapeng renovation project in Xinyu City (the first bid section and the second bid section), it was found that Jiangxi Zhongqi Construction Engineering Co., Ltd. and Jiangxi Jiutai Construction Engineering Co., Ltd., Jiangxi Tenghan Construction Co., Ltd. and Jiangxi Yufa Construction Co., Ltd. had the same contents in the related quotation forms, such as the single project bidding price summary table, partial sub-projects, unit price measures project list and pricing table, and the comprehensive unit price sub-standard table, which were suspected of colluding with each other. Xinyu City Administration Bureau filed a case investigation according to law and found that the four enterprises had collusive bidding behavior.

　　Processing result:Xinyu City Administration Bureau imposed a fine of RMB 873,850 on Jiangxi Zhongqi Construction Engineering Co., Ltd. and Jiangxi Jiutai Construction Engineering Co., Ltd. and a fine of RMB 473,450 on Jiangxi Tenghan Construction Co., Ltd. and Jiangxi Yufa Construction Co., Ltd. according to law.

　　Six, the bid evaluation expert Xia Mou (former deputy stationmaster of Fuzhou Building Comprehensive Management Station) accepted bribes from many bidding companies.

　　Xia Mou, the former bid evaluation expert (former deputy stationmaster of Fuzhou Building Comprehensive Management Station), accepted the request of Zeng Mouming, the business director of Jiangxi Ansha Engineering Supervision Cost Consulting Co., Ltd., to help his company win the bid in September 2017, and accepted Zeng Mouming’s 15,000 yuan; In August 2018, during the evaluation of the supervision bid of Yongfeng No.2 Middle School Project in Ji ‘an City, I accepted the request of Zeng Moming, the business director of Jiangxi Ansha Engineering Supervision Cost Consulting Co., Ltd., to help his company win the bid, and accepted 20,000 yuan from Zeng Moming; On November 1, 2018, when participating in the bid evaluation of Dongjie Mingzhu Construction Project in Guangfeng District, Shangrao City, Wu Mou Zhong, the head of Shangrao Company of Jiangxi Xinding Construction Consulting Co., Ltd., received 200,000 yuan, and provided assistance to Jiangxi Xinding Construction Consulting Co., Ltd. during the bid evaluation process. Because Xia illegally accepted 235,000 yuan from others in bid evaluation activities and sought benefits for others, the amount was huge, which constituted the crime of accepting bribes by non-state organs.

　　In addition, in the second half of 2017, Xia received 86,000 yuan from Zeng Mouming, the business leader of Jiangxi Ansha Engineering Supervision Cost Consulting Co., Ltd., to provide assistance for the four engineering evaluation city quality engineering awards of Jinxi County Chengxi Ecological High-tech Industrial Park supervised by the company: Jingyi Road, Weier Road, Weisan Road and the student dormitory of the Municipal Sports School; In June, 2018, he received Feng Mou and RMB 120,000 from the production manager of Nanfeng County No.2 Waterworks Project to evaluate the "2018 Jiangxi Building Structure Demonstration Project Award" for the water supply project of Nanfeng County No.2 Waterworks (Chengdong Waterworks). In January 2019, he received 33,000 yuan from Lou Molin, the person in charge of woodworking subcontracting of Jinxi Grand Theatre construction project, to provide assistance for the evaluation of "2018 Jiangxi Architectural Structure Demonstration Project Award" for Jinxi Grand Theatre construction project. Xia took advantage of his position as deputy stationmaster of Fuzhou Building Comprehensive Management Station to illegally collect 239,000 yuan from others and seek benefits for others. The amount is huge, and his behavior constitutes a crime of accepting bribes.

　　Processing result:Xia was convicted of accepting bribes and was sentenced to one year and ten months in prison and fined RMB 100,000.

　　Seven, China Overseas Communications Construction Co., Ltd. in Jiujiang Bilingual School Phase II construction project to provide false performance bidding case.

　　On April 18th, 2020, the second-phase construction project of Jiujiang Bilingual School was opened in Jiujiang Public Resources Trading Center, and 220 construction units participated in the bidding. Among them, the "Special Seal for the Record of Tangshan Construction Project Bidding Office" in the performance materials provided by China Overseas Communications Construction Co., Ltd. was fraudulent, and it was entrusted by the Balihu Branch of Jiujiang Public Security Bureau to identify and issue a judicial appraisal opinion, and the seal was identified as a fake seal.

　　Processing result:According to law, the Construction Environmental Protection Bureau of Jiujiang Economic and Technological Development Zone cancelled the bidding qualification of China Overseas Communications Construction Co., Ltd. to participate in the project subject to tender according to law within three years in Jiujiang Economic Development Zone, and imposed a fine of RMB 261,485.65.

　　Eight, Zeng Molin, Yang Mougan, Liao Mogui and other three people affiliated with Jiangxi Taibei Construction Engineering Co., Ltd. participated in the bidding case of Qiushan Science Park municipal garden supporting project in Ganzhou Economic and Technological Development Zone.

　　Jiangxi Taibei Construction Engineering Co., Ltd. (hereinafter referred to as "Jiangxi Taibei Company") signed the Office Operation Agreement with Zeng Molin and Yang Mougan on March 31, 2020, and established Ganzhou Office. On December 7 and 14, 2020, the Housing and Construction Bureau of Ganzhou Economic Development Zone received a complaint report from the complainant Liao Mogui, reflecting that he contacted Yang Mougan, the operator of Ganzhou office of Jiangxi Taibei Company, on September 20, 2020, and issued a letter of introduction from Jiangxi Taibei Company to participate in the bidding for the municipal garden supporting project of Qiushan Science and Technology Park in Ganzhou Economic and Technological Development Zone, and paid the bid guarantee fee and letter of introduction fee (totaling 4,900.00 yuan) After winning the bid, Jiangxi Taibei Company refused to issue a power of attorney and sign an internal management contract to the complainant, and heard that Jiangxi Taibei Company had sold the project to others, so it submitted a complaint to the Housing and Construction Bureau of Ganzhou Economic and Technological Development Zone. It has been verified that Jiangxi Taibei Company has lent qualification certificates or otherwise allowed others to undertake projects in the name of the company. Zeng Molin, Yang Mougan, Liao Mogui and other three people have participated in the bidding of the project with the qualification of Jiangxi Taibei Company.

　　Processing result:The Housing and Construction Bureau of Ganzhou Economic and Technological Development Zone cancelled the qualification of winning the bid of Jiangxi Taibei Company and imposed a fine of RMB 481,127.63. Liao Mogui, Yang Mougan and Zeng Molin were jointly fined RMB 192,451.05.

　　9. Jiangxi Baohui Construction Engineering Co., Ltd. illegally subcontracted the decoration project of "Three Centers" in Shicheng County.

　　In September 2018, Jiangxi Baohui Construction Engineering Co., Ltd. illegally subcontracted the renovation project of "Three Centers" in Shicheng County (Shicheng Footwear Testing Center, Shicheng Industrial Design Center and Shicheng Human Resources Service Center) to four people including Chen Mou Rong, Huang, Wu Mou and Huang Moujun. Will the footwear testing center 1— The fire protection project on the 6th floor was illegally subcontracted to unqualified Chen Mou Rong, with a total construction price of 800,000 yuan; The interior decoration and TV curtain wall decoration of the exhibition hall with a building area of about 1000 square meters were illegally subcontracted to unqualified Huang, with a total construction price of 2.243 million yuan; Will be a building area of about 4500 square meters of 5-mdash; The interior decoration project on the 6th floor was illegally subcontracted to unqualified Huang Moujun, with a total construction price of 5 million yuan; Will be a building area of about 8000 square meters of 1-mdash; The interior decoration of the 4th floor was illegally subcontracted to unqualified Wu Mou, with a total construction price of 9.1 million yuan. Jiangxi Baohui Construction Engineering Co., Ltd., as a project construction unit, illegally subcontracted the project to individuals for construction, which constituted illegal subcontracting.

　　Processing result:Shicheng County Housing and Urban-Rural Development Bureau imposed an administrative penalty on Jiangxi Baohui Construction Engineering Co., Ltd. for illegal subcontracting according to law, and imposed a fine of RMB 102,858 on the company and RMB 6,171 on Xu Mouqing, the person in charge of the project.

　　X. Pingxiang Anrui Construction Co., Ltd. illegally subcontracted 76 projects it undertook.

　　From January 2018 to the end of June 2020, Pingxiang Anrui Construction Co., Ltd. illegally subcontracted 76 projects it contracted to other construction units or individuals by signing internal project economic responsibility contracts (agreements) with other construction enterprises and individuals, and charged management fees of 3,834,700 yuan according to the proportions of 12%, 15% and 20% of the contract amount, involving a project amount of 322,989,000 yuan.

　　Processing result:The Housing and Urban-Rural Development Bureau of Anyuan District of Pingxiang City imposed an administrative penalty on Pingxiang Anrui Construction Co., Ltd., and turned over all the management fees illegally collected by the company to the finance, and imposed a fine of 2,583,900 yuan according to 0.8% of the project amount. (General Desk reporter Fan Cunbao Shi Kun)

　　Zhongxin Jingwei client January 1 ST (Wei Wei Xue Yufei) After many days of market expectation, on the first day of 2020, "Yang Ma" sent a gift package for RRR reduction. On the afternoon of the 1st, the People’s Bank of China announced that in order to support the development of the real economy and reduce the actual cost of social financing, it decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage point on January 6th, 2020 (excluding finance companies, financial leasing companies and auto financing companies). The industry believes that after the RRR cut, it will have certain benefits for the stock market, bond market and property market.

　　The central bank lowered the deposit reserve ratio of financial institutions Source: official website, People’s Bank of China

　　Release long-term funds of about 800 billion yuan.

　　The central bank said that the RRR cut was a comprehensive RRR cut, reflecting countercyclical adjustment, releasing long-term funds of about 800 billion yuan, effectively increasing the stable source of funds for financial institutions to support the real economy, reducing the capital cost of financial institutions to support the real economy and directly supporting the real economy.

　　In this comprehensive RRR cut, small and medium-sized banks, such as city commercial banks, rural commercial banks serving counties, rural cooperative banks, rural credit cooperatives and rural banks, which operate only in provincial administrative areas, have obtained long-term funds of more than 120 billion yuan, which is conducive to strengthening the financial strength of small and medium-sized banks that are based in the local area and return to their original sources to serve small and micro private enterprises. At the same time, the RRR cut will reduce the capital cost of banks by about 15 billion yuan per year, which can reduce the actual cost of social financing through bank transmission, especially the financing cost of small and micro enterprises and private enterprises.

　　Looking back on 2019, China has implemented three RRR cuts.

　　The first round was a comprehensive RRR cut in January 2019. On January 15 and 25, respectively, the deposit reserve ratio of financial institutions was lowered by 0.5 percentage points, and about 1.5 trillion yuan was released.

　　The second round is targeted cuts to required reserve ratios, which was put into practice three times in May, June and July of that year, respectively. For small and medium-sized banks that focus on local areas and serve counties, a lower preferential deposit reserve ratio was implemented, and about 280 billion yuan of long-term funds were released.

　　The third round is the comprehensive RRR reduction and targeted cuts to required reserve ratios. On September 16, the deposit reserve ratio of financial institutions was lowered by 0.5 percentage point, and the deposit reserve ratio of city commercial banks operating only in provincial administrative areas was lowered by 1 percentage point, which was implemented twice on October 15 and November 15, with each reduction of 0.5 percentage point. The RRR cut released long-term funds of about 900 billion yuan.

　　Does continuous RRR cuts mean that the orientation of prudent monetary policy has changed? The central bank stressed that the RRR cut is a hedge with the cash before the Spring Festival, and the total amount of liquidity in the banking system will remain basically stable, flexible and moderate, not flooded, which shows that the scientific and steady control of the counter-cyclical adjustment of monetary policy has not changed.

　　Why did you choose to lower the RRR in January?

　　In fact, this RRR cut is expected. On December 23, 2019, The Politburo Standing Committee (PSC) and Li Keqiang, Premier of the State Council of the People’s Republic of China of the Communist Party of China made an inspection tour in Chengdu, saying that they would further study and take various measures such as lowering the RRR and targeted cuts to required reserve ratios, refinancing and rediscounting to reduce the real interest rate and comprehensive financing cost.

　　"At that time, the market generally expected that the RRR would be lowered in the near future." Dong Ximiao, chief researcher of Xinwang Bank and distinguished researcher of the National Finance and Development Laboratory, analyzed that the fiscal expenditure increased near the end of the year, and the total amount of liquidity in the banking system was at a high level. On December 31, the central bank announced that it would not carry out reverse repurchase operations, which laid the groundwork for the RRR cut in January.

　　Wen Bin, chief researcher of China Minsheng Bank, pointed out that in view of the fact that 600 billion yuan of reverse repurchase was due in January, the liquidity was under pressure due to factors such as overlapping tax payment, the issuance of special local government bonds and the cash demand during the Spring Festival.

　　Huatai Securities Research Report analyzed that the liquidity gap in January was large, which required the central bank to lower the RRR for hedging.

　　First of all, from a seasonal point of view, the cash outflow before the Spring Festival is large. The Spring Festival is on January 27th, 2020, slightly earlier than in previous years. Judging from the months of previous Spring Festival, the outflow of M0 is large, which causes great liquidity pressure on the banking system and requires the central bank to hedge liquidity.

　　Second, the issuance of local special bonds in the New Year is just around the corner, and liquidity hedging is also needed. On November 27th, the Ministry of Finance issued some new special debt limits of 1 trillion yuan in 2020 ahead of schedule. On December 20th, the Ministry of Finance issued a new quota of 62.4 billion yuan for some special bonds in Sichuan Province in 2020 ahead of schedule. The first batch of bonds will be issued nationwide from January 2nd, 2020, and other provinces are expected to follow suit. This means that the issuance of local special bonds in 2020 will be earlier than that in 2019, and the issuance scale may be larger, which will cause liquidity pressure on commercial banks.

　　Third, January is the traditional peak of tax payment. From 2017 to 2019, the month-on-month increase of fiscal deposits in January was 490.8 billion yuan, 951.8 billion yuan and 688.6 billion yuan respectively, and the tax payment scale was large. In addition, because the Spring Festival in 2020 is in January, the date of tax return may be moved forward, and tax payment is expected to bring a lot of funds back.

　　Fourth, the maturity of the open market in January was large. Since the central bank put a number of 14-day reverse repurchase in the open market last week, a number of funds will be concentrated in early January, and a total of 550 billion yuan of reverse repurchase will expire in the first three days of January, which will also increase the liquidity pressure in early January.

　　Fifth, the LPR will continue to be lowered through RRR reduction. In December, the LPR did not continue to be adjusted, but under the requirement of "reducing social financing costs" of the Central Economic Work Conference, the central bank’s motivation to guide the decline of LPR remained undiminished. It may also be a more appropriate way to reduce the debt-side cost of banks by lowering the RRR, so as to guide the LPR to continue to be lowered in January.

　　Data Map: China People’s Bank. China News Agency issued Yang Mingjing Photo source: CNSPHOTO

　　Dong Ximiao believes that before the Spring Festival, the scale of cash investment in the banking system will exceed usual. For banks, "early investment will benefit early". At the beginning of the year, credit investment is often more, and there is a large demand for funds. This comprehensive RRR cut will help to ensure the supply of funds for financial institutions, maintain a reasonable and sufficient liquidity before the holiday, promote the smooth operation of the financial market, and help banks to do various financial services before and after the Spring Festival.

　　Wen Bin said that on the one hand, the 800 billion yuan of funds released by RRR cuts can meet the above liquidity needs, on the other hand, releasing low-cost long-term funds is conducive to reducing the capital cost of banks and guiding banks to reduce the financing cost of the real economy. It is expected that the quotation of the new phase of LPR will decrease slightly on January 20th, with 1-year LPR of 4.1% and 5-year LPR of 4.75%.

　　What is the impact of stock and debt exchange market?

　　In fact, after the Prime Minister proposed on December 23, 2019 that "various measures such as RRR reduction and targeted cuts to required reserve ratios, refinancing and rediscount will be further studied", financial markets including the stock market and bond market have responded in the following days, and many people in the industry have overdrawn in advance. However, after the RRR cut, the financial market performance is still worth looking forward to.

　　Wen Bin said that the RRR cut is in line with market expectations, which will help boost investors’ market confidence and bring benefits to the stock market. At the same time, the overall downgrade will further play the countercyclical adjustment role of monetary policy tools, stabilize the macro-economy that is gradually stabilizing at present, and improve the performance of listed companies.

　　"On the New Year’s Day and the first day of the new year, the central bank announced a reduction of the deposit reserve ratio by 0.5 percentage points, which has formed a major positive for the economy and the capital market." Yang Delong, chief economist of Qianhai Open Source Fund, analyzed that before the holiday, the A-share market continued to grow slowly, and the market successfully stood at 3,000 points. However, before the holiday, the market increased in volume, especially the brokerage stocks regarded as the weather vane continued to attack, which established this round of cross-year market. After the holiday, the market will undoubtedly continue its upward trend and launch a spring offensive. According to experience, spring is often an important time window for the market to do more. This RRR cut is undoubtedly a catalyst for the market and will further promote the sharp rebound of the A-share market.

　　Yang Delong believes that the A-share market will continue the trend of slow growth in 2020. On the basis of standing firm at 3,000 points, the Shanghai Composite Index will further expand its space, with a rising space of about 20%, which is basically equivalent to the 22% rise of the Shanghai Composite Index in 2019. From the perspective of investment opportunities, there will still be more investment opportunities in 2020, and the three major directions of consumption, brokerage and technology are still my optimistic directions. Insisting on value investment and being a good shareholder of the company is still the most important investment strategy to seize the market in 2020.

　　Zhang Yulong, chief strategist of CITIC Jiantou, further pointed out that this RRR cut is very helpful to the market, and A shares will continue to rise substantially, with "cycle+finance" such as real estate, building materials, construction, securities firms and banks as the most dominant varieties.

　　In addition to benefiting the stock market, it also brings certain benefits to the bond market. Ming Ming, deputy director of CITIC Securities Research Institute, told Zhongxin Jingwei client that the increased liquidity of the central bank is also beneficial to the preference of banking institutions to allocate bonds.

　　It should be noted that some analysts believe that the scale of debt-based issuance has declined, and the rate of return may be adjusted upward after the RRR cut.

　　Pacific Securities analyzed in the research report that the logic of short interest rate bonds still exists: the economy continues to stabilize within a quarter, inflation runs at a high level, and trade frictions ease, so the yield of interest rate bonds may face upward pressure again after the RRR cut. According to statistics, the scale of debt-based issuance has declined in December, only about 20 billion in the first half of the year, and the allocation demand may come to an end. Moreover, the funds allocated in the early stage may also be sold for profit, and the upward adjustment of the rate of return may be increased.

　　In addition, will the RRR cut affect the exchange rate? According to the previous calculation of the Sino-Singapore Jingwei client, in 2019, the central parity of RMB against the US dollar was adjusted by 1,130 basis points, with an adjustment range of about 1.65% (the central parity of RMB against the US dollar in the last trading day of 2018 was 6.8632), which was 3.4 percentage points narrower than that in 2018.

　　In this regard, it is clearly pointed out that the exchange rate is relatively indirectly affected by the RRR cut. Recently, Sino-US trade negotiations are generally improving, so the exchange rate will remain stable as a whole.

　　The property market may appear "Xiaoyangchun"

　　Zhang Dawei, chief analyst of Zhongyuan Real Estate, told Zhongxin Jingwei client that historically, as long as there is a RRR cut, it will definitely be good for the property market. The RRR cut can ease the financial pressure of real estate enterprises, and property buyers can also get a relatively low mortgage interest rates.

　　However, Zhang Dawei said that the impact of RRR cuts on housing enterprises of different sizes is also different. The RRR cut is a good thing for large real estate enterprises, but it has little impact on the financing of small and medium-sized housing enterprises. It is expected that the follow-up market will still be "big fish eat small fish".

　　Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that from the current situation, the financial environment of the real estate market is expected to be further relaxed, especially in the fields of real estate development loans and personal mortgage loans, which will help drive more bank loans into the market and have a more positive impact on the property market.

　　Yan Yuejin said: "The liquidity in the market after the RRR cut has increased, which is expected to further reduce the LPR (loan market quotation rate), and the mortgage interest rate may be lower, thus reducing the cost of buying a house, and also making the work of converting the pricing method of floating loans in March 2020 better."

　　Regarding the impact of market transactions, Zhang Dawei believes that it will slow down the downward trend of the real estate market. From the point of view of time, there was also a RRR cut in January 2019. Due to the RRR cut and the blowout of talent policies in various places, there was a round of "Xiaoyangchun" in the property market that lasted for 2-3 months. After that, the policy tightened and the market cooled down. After the RRR cut, it will increase the possibility of "Xiaoyangchun" in the property market in 2020.

　　Yan Yuejin also believes that the RRR cut will stimulate market transactions. After the RRR cut, housing enterprises and intermediaries will take the RRR cut as a marketing breakthrough, and the consultation volume and actual transaction situation of housing sales will rise, and house prices will easily rebound, so relevant departments need to pay attention.

　　However, the general trend of "stability-oriented" property market has not changed. Zhang Dawei said that the purpose of the central bank’s RRR cut is clear, that is, to ensure the liquidity of the market, mainly the liquidity of small and micro enterprises, and accurately inject water into the real economy. The purpose is definitely not the property market, and the central government’s determination to curb the rise in housing prices will not change.

　　Expert: It is expected that the RRR will be lowered twice this year.

　　Will the RRR cut continue this year? Wen Bin believes that the overall RRR cut will adhere to the stable monetary policy and replace short-term and high-cost funds by releasing low-cost long-term funds, so as to keep the market liquidity reasonable and sufficient and the liquidity structure more optimized. In the next stage, there is still room and necessity for comprehensive RRR reduction. Combined with targeted cuts to required reserve ratios, it is expected that there will be room for 2-3 RRR reductions.

　　Dong Ximiao predicts that there will be another one or two times this year, and next time it may be targeted cuts to required reserve ratios. However, more will push down the loan interest rate through the path of MLF-LPR, thus reducing the financing cost of the real economy.

　　How much room is there for monetary policy this year? In this regard, Dong Ximiao pointed out that although the RRR cut was a comprehensive RRR cut, the central bank stressed that the RRR cut was a hedge with the cash delivery before the Spring Festival, and the orientation of prudent monetary policy remained unchanged. It is predicted that in 2020, China’s monetary policy will maintain a stable tone, increase adjustment efforts, maintain flexible and moderate liquidity, and find a balance among multiple goals such as steady growth, structural adjustment and risk prevention. First, continue to intensify counter-cyclical adjustment to better serve steady growth; Second, pay more attention to structural and directional adjustment, and will not engage in flood irrigation; Third, speed up the process of interest rate marketization and improve the efficiency of financial resource allocation; Fourth, actively and steadily guard against financial risks and stabilize macro leverage ratio. (Zhongxin Jingwei APP)