Recently, the international gold spot and futures market prices have hit record highs, which has aroused widespread concern in the market. On December 4th, new york gold futures and London spot gold both broke through the $2,100 mark per ounce, with new york gold futures hitting a record high of $2,152.3 per ounce and London spot gold hitting a record high of $2,144.68 per ounce.

However, in the following trading days, the price of gold showed a high downward trend, and the upward price appeared to be powerless. As of the close of the 7th, the most active February 2024 gold futures price in the New York Mercantile Exchange gold futures market fell by $1.5 to close at $2,046.4 per ounce.

Some analysts said that considering that the current inflation in the United States is still resilient, it is difficult to start the interest rate cut cycle in the first quarter of next year, and the US bond issuance in the first quarter of next year is still at a historical high, thus limiting the downside of the US bond interest rate, and the gold price may face callback pressure in the short term.

"In the short term, we are still cautious." Highfill, chief investment director of UBS Global Wealth Management, explained to the First Financial Reporter that the market’s bet on the Fed’s interest rate cut next year may be over-optimistic, and the hedging premium brought by geopolitical risks may be further digested. In addition, the further rise of gold may need to see the continuous net inflow of funds into gold exchange-traded funds (ETFs).

Vision china diagram

The medium-term prospects are still optimistic.

Nevertheless, Highfill is optimistic about the medium-term prospects of gold. Looking forward to 2024, UBS believes that the gold price will look at $2,250, and the Fed’s narrative will turn to easing and cutting interest rates, which will further open up the upside of gold prices.

"The trend of gold after the Palestinian-Israeli conflict supports our view that gold is an important asset for medium and long-term capital allocation. We believe that in a balanced investment portfolio, the proportion of gold allocation in the middle single digits is appropriate." Highfill thinks that when the price of gold falls below $2,000, it is an opportunity to further invest in gold.

In November, the trend of international gold price first suppressed and then rose. At the beginning of the month, the market’s risk aversion to the Palestinian-Israeli conflict gradually cooled down, and the safe-haven premium of gold began to ebb. Even in the context of the downward fluctuation of the US dollar index, the price of gold still showed a high downward trend. After the safe-haven premium was digested, the downward trend of the US dollar index and US bond interest rates pushed up the price of gold as the inflationary pressure in the United States in October eased more than expected and the superimposed economic momentum slowed down.

On November 14th, data released by the US Department of Labor showed that inflation cooled down more than expected. In October, the consumer price index (CPI) in the United States dropped from 3.7% in the previous month to 3.2%, which was lower than the market expectation of 3.3%. The chain was flat, the smallest increase since July 2022. At the same time, the core CPI excluding food and energy decreased from 4.1% last month to 4.0%, lower than the market’s previous forecast of 4.1%; The chain rose by 0.2%, the smallest increase since July this year.

In October, housing fell to 0.3% month-on-month and 6.7% year-on-year, which is still at a high level. From the historical experience, the rent price involved in housing CPI is often sticky, lagging behind the house price for one to two years. On November 29th, S&P CoreLogic Case-Shiller national house price index data showed that house prices in 20 cities in the United States rose by 3.9% year-on-year in September, and it has been 19 months since the peak in April 2022.

Analysts said that with the Fed raising interest rates and shrinking the table, the 30-year mortgage interest rate in the United States soared to over 7% at the end of October last year, and rose to over 7.0% again in August this year. Under the pressure of high interest rates, the housing breakdown is expected to continue to improve in the fourth quarter, which will further ease inflationary pressures.

The resilience of the labor market is the basis for American residents to maintain their spending power, and it is also the key to the resilience of inflation. Recently, a number of data show that the US job market has obviously cooled down. On December 6th, the American private sector (ADP) employment report, known as "small non-agricultural", showed that the number of new jobs in ADP was lower than expected for four consecutive months in November, and the number of new jobs was revised down in October, while the wage growth rate in November hit a new low in more than two years.

All these have enhanced investors’ expectations for the Fed to cut interest rates next year. In addition, the tone of Fed officials’ speeches has eased recently. In his latest speech, Waller, a Fed governor who has always been "hawkish", mentioned the possibility of starting to cut interest rates after inflation continues to return, which triggered the market’s pricing of early interest rate cuts, driving the real interest rate and the US dollar to fall back at the same time, which boosted the gold price.

Nicky Shiels, metal strategist at MKS PAMP, said: "Gold has become a barometer reflecting the Fed’s interest rate cut expectations and market risk aversion."

Regarding the reasons for the recent rise in gold prices, analysts also believe that there are factors such as the wave of gold purchases by the central bank and the safe-haven premium brought by the geopolitical situation.

Aakash Doshi, head of commodity research in the Americas at Citigroup, said that despite the rapid rise in interest rates, the purchase by central banks was the key reason why the value of gold remained strong last year.

Is there more potential for silver prices to rise?

However, unlike the central bank’s continuous gold purchase fever, the global gold ETF has flowed out of 189 tons since the beginning of the year, and it has shown a net outflow trend for six consecutive quarters, which of course caused some investors’ concerns.

At the same time, analysts said that as the anchor of short-term pricing of gold prices, the US bond interest rate currently lacks the conditions for a downward trend. Therefore, there is a high probability that the price of gold will remain high in the short term.

Suki Cooper, an analyst at Standard Chartered Bank, said: "In the past two years, the gold market has always rushed to the monetary policy shift.Although we expect the Fed’s next move will be to cut interest rates, we don’t think it will happen soon. "

In contrast, analysts believe that,The price of silver is still seriously undervalued. With the improvement of risk appetite, silver is more elastic as a "shadow of gold" than gold and silver. And historically, it has outperformed gold in the gold bull market.

On the 7th, the price of silver futures for delivery in March 2024 closed down 16.9 cents to US$ 24.059 per ounce, and the ratio of gold to silver was 85:1, which was still at a high level in history. Looking back on the trend of gold-silver ratio in recent 50 years,The duration of high gold-silver ratio is limited, and most of the time fluctuates between 40:1 and 60:1.In 2011, the ratio fell to 30:1, and in 1979 it fell below 20:1.

Peter Schiff, chief economist of Euro Pacific Asset Management, said that at the current price, silver is really cheap, the price of silver is obviously undervalued, and the market supply and demand deficit is serious. "I think silver is especially in a good opportunity for allocation, because gold is at a record high, and silver must double to hit a record high. This shows that silver is very cheap. " He said.

Indeed, from the perspective of supply and demand dynamics, according to the latest forecast of Oxford Economic Research Institute, the demand for silver in industrial applications, jewelry production and silverware manufacturing is expected to nearly double in the next 10 years.

In 2022, the demand for silver set a record in all categories. At the same time, the output decreased slightly by 0.6% to 822.4 million ounces, resulting in a market deficit of 237.7 million ounces last year, which is the second consecutive year. The Silver Research Institute predicts that the demand will reach 1.17 billion ounces this year, while the estimated supply is 1.02 billion ounces. Although this will reduce the gap to 142.1 million ounces, it will still be the second largest deficit in more than 20 years.

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"Where there is Chinese, there is Teresa Teng’s singing."

According to the BBC Chinese website, this is no exaggeration, because even 28 years after Teresa Teng’s death, his singing still echoes in the streets.

His influence spread all over the world. Although he died young, his status as a superstar did not hinder him.

On May 8, 1995, Teresa Teng died unexpectedly, and fans were both sad and shocked.

But his mother said, "Lijun left at the right time."

Why did he say that? Is there anything behind this that we don’t know?

01 weak, fading away.

In May 1990, Teresa Teng’s father died, but he didn’t come back to see him for the last time.

Everyone wondered why he didn’t attend his father’s funeral. People have different opinions and many outrageous speculations.

Seeing that rumors were still circulating, Teresa Teng personally came to find out that he was ill because of excessive grief and could not return to the funeral.

Later, his brother also said that he was suffering from a serious kidney infection.

He has a short stay in France, and it is inevitable that he will encounter some bumps on his way back. He was afraid that his health couldn’t stand it, so his family wouldn’t let him come back.

It can be seen that the health status of Teresa Teng has been a problem for a long time.

In the process of recording the album, she endured pain and discomfort and tried her best to sing her best.

Teresa Teng suffered from asthma when he was a child, but it never attracted enough attention.

He is so diligent and dedicated, constantly improving his singing skills that his body is overburdened.

His mother also said that he always didn’t take medicine on time and didn’t cure the disease.

Since 1983, he has stopped doing commercial performances. In 1987, he began to live in semi-seclusion, further reducing his work and traveling to Europe to recuperate.

His mother said that his favorite country is France, probably because he loves beauty.

French is a very romantic country, full of literary feelings, which is very suitable for Teresa Teng.

Needless to say, he can get on the stage at a young age, and he has made a lot of efforts.

During his practice day and night, he played his voice to the limit and sang for several hours continuously, showing the most perfect singing that satisfied the audience.

"The Jade Phoenix in Kunshan screams, the Lotus cries, and Lu Xianglan laughs", and every song of Teresa Teng is an eternal masterpiece.

She has been wearing heavy makeup since she was a teenager.

Although she is naturally beautiful, in order to ensure the performance, she still needs to respect the audience and show her best self.

Cosmetics in the past were not as complicated as they are now, and may contain more irritating chemical components.

Therefore, applying these substances to the face for many years is very harmful to the skin.

At the age of 40, Teresa Teng decided not to wear makeup, and greatly reduced the frequency of appearances.

He suffered from kidney disease, and the drugs he took contained hormones, which also caused his face to swell.

He loves beauty so much that he can’t accept that so many people see a beauty.

At the end of 1994, Teresa Teng suffered from bronchitis due to a bad cold, which led to dyspnea and was hospitalized.

But during the Spring Festival, she returned from Thailand to meet her family for the New Year.

Then he returned to Chiang Mai and continued to live there.

However, his flu didn’t get better, but Teresa Teng didn’t care too much and didn’t take this little flu to heart.

Asthma is an old problem. Maybe he has given up the idea of medicine and given up.

But the disease finally took his life.

This is a three-part poison. Using a large amount of bronchodilator spray can only temporarily relieve his pain, but it can’t cure him.

When Teresa Teng was suffocated and left alone in a room with no one to help him, he had no choice but to save himself.

He took out the medicine bottle that had been used for a long time and sprayed it hard into his mouth, but it didn’t work.

He felt more and more suffocated, which gave him a premonition that he might die.

He shouted "Mom, Mom" weakly, hoping that the woman who had been with him for 42 years would be by his side now and teach him a few words about why he didn’t take medicine normally.

But there was no chance. The ambulance finally arrived, but there was a traffic jam on the road.

After arriving at the hospital, the doctor tried his best to rescue him, but he still couldn’t take his life away from death.

Teresa Teng left before he was old. She is still 42 years old, leaving us with the most beautiful face.

When he was young, his family was poor, but he was smart and precocious.

On January 29th, 1953, Teresa Teng was born in a small village in central Taiwan Province.

He cried loudly as soon as he was born.

When mother Deng saw that she had given birth to a daughter, she was very surprised, but she was restless.

There is an unexpected guest outside, their neighbor, staring at the delivery room.

Why is he here? Is it just for the concern of the neighbors?

Mother Deng had previously given birth to three sons. She thought the child was still a boy, so she reached an agreement with a childless neighbor that the child could be adopted after birth.

The family is poor and can’t afford to raise so many sons, but because she is a daughter, mother Deng is very reluctant.

When the neighbors saw him, they understood what he meant and had to leave despondently.

The whole family was excited about the arrival of the little girl. She is so cute, as if she were carved out of pink jade.

Father asked the most literate person he knew to name his daughter "Teng Lijun", hoping that she would be as unyielding, humble and straightforward as bamboo.

It was not until he entered the entertainment circle that his mother decided to change his name to "Teresa Teng", lest people misunderstand his name.

As a child, he showed his musical talent and always won applause when singing in class.

He also likes watching movies, imitating the movements of characters in movies and posing in different positions. Her mother said that she likes beauty.

Later, there was another brother in the family, and the economic burden was even heavier.

Teresa Teng once participated in this program and earned a lot of money. At that time, he knew that he would be useful to this family.

Singing is not only her hobby, but also can make money so that parents don’t have to work so hard.

At the age of 10, he took part in a singing contest and won the championship, which made him more famous.

The number of invited performances has also increased, and he earned more money in one day than his father did in a month.

However, entering the society too early means that he can’t concentrate on his studies and his grades are seriously declining.

Finally, after careful consideration by his family, Teresa Teng decided to quit, signed a contract with a record company and formally joined the tour.

Growing up, when he came out to perform, his mother always accompanied him.

He not only takes care of her daily life, but also acts as her agent to take care of her safety.

But his mother’s constant company also brought him trouble.

03 bumpy emotional road

"My mother didn’t ask me to find someone to chase me." Teenage Teresa Teng is also waiting for sweet love.

But mother Deng always guarded her closely, scaring away all the suitors and afraid to express her love.

At the age of 18, she was introduced to an entrepreneur who was eight years older than her and began her first love.

Lin Zhenfa is not as frivolous as other rich people. He has a very steady personality and treats Teresa Teng gently and carefully.

I often take him to eat his favorite food and go out to play with him.

Mother Deng was satisfied with him and didn’t object to them being together.

Moreover, her family likes Teresa Teng very much, supports their relationship, and hopes to marry this possible little guy as soon as possible.

But Teresa Teng was too busy with her career to get married so early, so the matter was shelved.

Surprisingly, Andy Lin died of a heart attack a few years later, only in his thirties.

Teresa Teng was heartbroken at the news and felt very sad.

He also had a confidante with blue eyes, but he also died in an air crash early. Later, she developed her career in Japan and had a boyfriend.

Their personalities are incompatible, and her boyfriend actually asked her to quit the entertainment circle, give up her career and concentrate on her family.

Teresa Teng couldn’t accept it, and they soon parted ways.

In 1979, after the "fake passport" incident, his self-esteem was frustrated and he left Japan to study in the United States.

His language ability is particularly strong. Although he hasn’t graduated from high school, he soon learned different dialects and foreign languages.

Proficient in Mandarin, English, Japanese, French, Cantonese, Indonesian, Malay, Shandong dialect, Shanghai dialect, etc.

The first thing he did when he came to America was to learn English well. His mother said that he often stayed up late at night with a dictionary in his hand.

Her career is in full swing, and her feelings are constantly developing.

She met Jackie Chan, an up-and-coming martial artist, and they started a relationship.

They look very incompatible. Jackie Chan is bold and brave, while Teresa Teng is a woman like water, sensitive and gentle.

After coming together, there are not only many differences in lifestyle, but also some conflicts in personality.

Because in Jackie Chan’s mind, it seems that his brother has a higher status, and he often ignores Teresa Teng’s feelings.

So they finally broke up.

In August 1978, he met Guo Kongcheng at a party. Family background is very good, Teresa Teng almost entered the rich family.

They got engaged in 1981. Guo’s mother was ill at that time and hoped to get married as soon as possible.

Guo Kongcheng’s father also thinks that Teresa Teng’s fame will help the family business.

Just when she was full of joy and ready to invest, she suffered a big blow.

Before getting married, Guo Kongcheng took her to his home and introduced her to his elders.

Teresa Teng was very popular at that time. As soon as he entered Guo’s house, the servants happily surrounded him and asked for his autograph.

Guo Kongcheng’s grandmother is very conservative. When he saw himself stealing the limelight, he was very dissatisfied with his position as a singer.

He put forward three harsh conditions:

First, ask Teresa Teng to provide detailed personal information;

The other is to end all singing and acting careers and focus on his wife;

The third is to sever the relationship with the entertainment circle and draw a clear line with all male friends.

Teresa Teng may agree, but he still wants to make records and can’t completely cut off his connection with music.

He thinks Guo Kongcheng can discuss these issues with his grandmother for him.

Unexpectedly, he called me a few days later and said, "Your offer was not accepted."

Teresa Teng was very sad and angry, and finally decided to break off the engagement. They fell in love, and there was no problem, but Guo Kongcheng seriously hurt her.

He is not depressed. He may have given up his marriage, but he didn’t give up his expectation of love.

He also said that no matter how many setbacks he experienced, he would continue to pursue love, and love was very important to him.

Her last boyfriend was the French Paul, who was 15 years younger than her.

But everyone knows the result. Teresa Teng died unexpectedly, and this relationship ended naturally.

She is very kind to her little boyfriend and spends a lot of money to support his career.

But her funeral was not attended by old and new lovers, and Paul just appeared at the memorial service in a hurry, which made people gasp.

conclusion

Teresa Teng’s life is too short. His career is brilliant, but unfortunately, his love life is always bumpy.

God envies beauty and takes it away from us.

No one feels sorry for him and regrets his emotional experience.

His singing still rings in our ears today. I hope he can find a good home in the next life, and he will no longer experience the bitterness of love and suffer from diseases.

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　　BEIJING, Beijing, January 10 (Lang Lang) At the end of the year and the beginning of the year, various ministries and commissions held annual work meetings one after another to sum up the work of the past year and clarify the priorities of the work in the New Year, and a series of policies and measures of social concern were released in a centralized manner. For example, improving people’s medical experience, speeding up "express delivery to the countryside", promoting garbage sorting, and accelerating the coverage of 5G networks will be implemented in the New Year.

　　Data Map: In the emergency department of Yinchuan Maternal and Child Health Hospital, parents take their children to wait for treatment. Photo by Yang Di

　　See a doctor

　　— — Improve people’s medical experience and create an environment of respecting doctors and paying attention to health

　　Problems such as expensive medical treatment, difficult medical treatment, and doctor-patient relationship have always been hot topics of public opinion. Recently, the 2020 National Health Work Conference was held, and these issues were all deployed in the New Year work plan.

　　The meeting mentioned that we should further optimize the allocation of medical resources, solidly promote the pilot work of centralized procurement and use of drugs in the country, better serve the people for medical treatment, strictly regulate medical behavior, and continuously improve the people’s medical experience. Strictly supervise the industry style and seriously investigate and deal with acts that harm the interests of the masses.

　　The meeting also called for strict control of security risks and strengthening the security and prevention capabilities of medical institutions. Further strengthen the special rectification of key areas and key links such as pharmaceutical consumables and medical service order, and persevere in rectifying discipline and fighting corruption. Carry forward the lofty professionalism of the new era and vigorously create a good atmosphere of respecting doctors and attaching importance to health.

　　Data Map: Students are happily holding gifts. China News Service reporter Yujia Zhai photo

　　poverty alleviation

　　— — Preventing the poverty-stricken population from returning to poverty and resolutely grasping the bottom of poverty alleviation.

　　2020 is the year when the goal of building a well-off society in an all-round way is realized, and it is also the year when poverty alleviation ends. Not long ago, the National Poverty Alleviation and Development Work Conference called for "completing the task of poverty alleviation for the remaining poor people and poverty-stricken counties, listing and supervising the war in deep poverty-stricken areas" and "establishing and improving the monitoring, early warning and dynamic assistance mechanism for returning to poverty to prevent the poverty-stricken people from returning to poverty and preventing the marginal population from causing poverty".

　　In the national civil affairs work conference, special emphasis was placed on poverty alleviation. The meeting called for a comprehensive investigation of the implementation of the bottom-up security policy, and all eligible poverty-stricken people who have set up files and established cards should be included in the bottom-up security coverage of social assistance such as rural subsistence allowances, so as to ensure that they should be guaranteed and rescued, and resolutely seize the bottom of poverty alleviation.

　　In addition, for special groups such as destitute people, abandoned children, and children who are actually left unattended, we will fully implement relevant parenting and security service policies to ensure that they should be fully supported. For the disabled and severely disabled with difficulties in life, we should fully implement the two subsidy policies so as to make up for them. For the left-behind children, women and the elderly in rural areas, we will fully implement the care service policy and ensure that we should do our best to help them.

　　Data Map: The staff is loading the express delivery into the car. Xinhua News Agency issued Yujia Zhai photo

　　Postal express

　　— — Speeding up the "Express Delivery to the Countryside" and Improving the Satisfaction of Express Delivery Service

　　With the development of Internet and transportation industry, express delivery has become an important part of people’s daily life. According to the data of the State Post Bureau, in 2019, the express delivery business in China reached 63 billion pieces, with 45 express parcels per capita.

　　The recently held 2020 National Conference on Postal Management predicted that the express delivery business volume in China will reach 74 billion pieces this year. The conference demanded that the satisfaction of postal and express delivery services should be continuously improved, and the management of express delivery packaging has achieved positive results, making positive contributions to the country’s stable employment.

　　At this meeting, Li Xiaopeng, Minister of Transportation, also called for promoting the construction of Pratt & Whitney Post, speeding up the project of "express delivery to the countryside", accelerating the development of new businesses such as cold chain and medicine, and letting the people share the fruits of the reform and development of the postal industry. He also mentioned that "quality and quantity are completed ‘ Slimming tape ’ The packaging ratio reaches 90%, and other industries have staged targets for pollution prevention and control. "

　　Data Map: A passenger plane took off from haikou meilan international airport. Photo by Hong Jianpeng

　　Civil aviation travel

　　— — Strengthen cabin safety responsibilities Improve the service level of on-board meals.

　　In 2020, when flying, people will have more choices and gain more new experiences.

　　The National Civil Aviation Work Conference held recently made arrangements for the key tasks in 2020, such as "paying close attention to the safety special rectification of airport clearance protection and apron operation order", "strengthening cabin safety responsibilities, strengthening the health management of personnel in key positions such as flight and air traffic control" and "formulating and improving the detailed rules for coordinating airport time allocation for all flights" and so on.

　　It is worth mentioning that the meeting specifically mentioned the need to "improve the service level of in-flight meals". According to Weibo, the official of the Consumer Service Center of the Civil Aviation Administration, Feng Zhenglin, director of the Civil Aviation Administration, also pointed out at this meeting that the quality of this service should be evaluated as an assessment to encourage the development of new varieties of meals to meet the needs of short-and medium-distance passengers.

　　Data map: Zhanghu high-speed train stopped at Wulanchabu station. Li longshe

　　railway transportation

　　— — This year, the new high-speed rail line will be put into operation for 2,000 kilometers.

　　The construction and development of high-speed rail provide more convenient choices for people to travel. In 2019, China Railway put into operation a new line of 8,489 kilometers, including 5,474 kilometers of high-speed rail; The operating mileage has reached more than 139,000 kilometers, including 35,000 kilometers of high-speed rail.

　　Not long ago, the China State Railway Group Co.,Ltd. Work Conference proposed that one of the main goals of railway work in 2020 is to fully complete the railway investment tasks assigned by the state and ensure that more than 4,000 kilometers of new lines are put into operation, including 2,000 kilometers of high-speed rail.

　　For the new year’s work, the meeting called for adhering to the political red line and the professional bottom line, ensuring the safety of high-speed rail and passenger trains, and keeping railway safety stable.

　　Data map: Taxpayers collect portraits in Pinghu National Taxation Office. Photo by Fang Enhui

　　Reduce taxes and fees

　　— — Let taxpayers and payers have more sense of gain.

　　Tax reduction and fee reduction have always been the focus of social attention, and improving the sense of acquisition of taxpayers and payers has also become the focus of the tax department in the new year.

　　The recent national tax work conference mentioned that it is necessary to consolidate and expand the achievements of tax reduction and fee reduction with more solid measures and greater efforts, so that taxpayers and payers can have more sense of gain. Strictly adhere to the principle of organizing income, collect tax according to laws and regulations, actively cultivate tax sources, support the development and growth of private enterprises, resolutely not overcharge the red line of "excessive taxes and fees", and resolutely crack down on tax fraud in accordance with the law.

　　In addition, the meeting also stressed that it is necessary to comprehensively build a system of "good reviews and bad reviews" for government services, provide more convenient tax and fee services for enterprises and the masses, optimize invoice service methods, improve the efficiency of tax payment, increase the protection of rights and interests, and promote the tax business environment. More changes have been made.

　　Data Map: Two Guiyang citizens sorted and put garbage with the help of the staff. China News Service reporter He Junyi photo

　　living environment

　　— — 46 cities will basically build a domestic waste classification and treatment system.

　　The implementation of garbage classification in Shanghai once triggered a heated public debate. "What kind of garbage are you?" It has also become a joke that people ridicule. In the new year, more cities will implement this policy.

　　The recently held National Conference on Housing and Urban-Rural Construction proposed that in order to comprehensively promote the classification of municipal solid waste, 46 key cities should basically complete the classification and treatment system of municipal solid waste in 2020.

　　In addition, the meeting also proposed to fully promote the renovation of dilapidated houses in rural areas and ensure that all the 1.352 million dilapidated houses that need to be renovated to get rid of poverty will be completed in 2020. Strengthen the treatment of urban black and odorous water bodies, and ensure that more than 90% of black and odorous water bodies in urban built-up areas at prefecture level and above will be eliminated before the end of 2020.

　　Data map: 5G speed measuring China News Agency reporter Yin Liqin photo

　　online communication

　　— — By the end of 2020, all prefecture-level cities in China will cover 5G networks.

　　5G officially launched the nationwide promotion of commercialization and "port number transfer" … … In the past year, the changes in network communication have brought obvious convenience to people’s lives. What policy will be deployed in network communication this year?

　　The National Conference on Industry and Informatization held at the end of last year mentioned the key work deployment in 2020. The meeting proposed to steadily promote the construction of 5G networks and strive to achieve coverage of 5G networks in all prefecture-level cities nationwide by the end of 2020. Optimize and improve the quality of network supply, deepen universal telecommunications services, and focus on supporting deep network coverage in frontier and remote areas.

　　At the same time, the meeting requested that we continue to speed up and reduce fees on the Internet and implement accurate fee reduction in the field of poverty alleviation and disability assistance. Innovate the supervision of the telecommunications and Internet industries, do a good job in the comprehensive rectification of harassing calls, and do a good job in the quality of port number transfer services. Strengthen radio management. (End)