Twelve nuts

1. Walnut-the fruit of the brain, a model for protecting the brain.

Walnut, also known as walnut and peach. Rich in nutritional value, it has the reputation of "long live the child" and "treasure of health preservation".

The American Dietetic Association suggests that eating walnuts two or three times a week can improve memory and prevent diseases such as coronary heart disease, stroke and Alzheimer’s disease. In addition, walnuts also have the effect of eliminating age spots and blackening hair.

Source of this article: Photo Network

Studies have found that walnuts contain more melatonin, which is helpful to improve sleep quality, especially suitable for the elderly with insufficient melatonin secretion.

Walnuts can also be used for fitness. Also called "wenwan walnut", "hand therapy walnut", "fitness walnut" or "palm bead"

Emperor Qianlong of Qing Dynasty was not only a great connoisseur of walnuts, but also reportedly wrote poems to praise walnuts:

Palm spinning sun and moon

Time wants to turn back.

Qi and blood surge throughout the body

When is the white head?

2. Pecan nut-longevity fruit, American hickory

Pecan, also known as "American Carya cathayensis", is a close relative of Carya cathayensis in China and belongs to Carya cathayensis of Juglandaceae. Walnut, on the other hand, belongs to Juglans of Juglandaceae, with a slightly distant genetic relationship.

Each kilogram of betel nut is equivalent to 5 kilograms of eggs or 9 kilograms of fresh milk. Eating 5 or 6 pecans a day will have unexpected effects if you persist for a long time. Especially for brainworkers, eating pecans often can enhance memory, reduce blood fat and prevent neurasthenia and insomnia.

3. pine nuts-a master of weight loss, a fairy in nuts

Pine nuts are the seeds of pine trees. The weight-reducing effect of pine nuts is highly praised abroad.

Pine nuts can promote the secretion of cholecystokinin, thus suppressing appetite and achieving the purpose of losing weight. Overweight women who eat a handful of pine nuts before breakfast every day can reduce their daily appetite by 37%.

In addition, pine nuts can effectively prevent hypertension, senile chronic bronchitis, bronchial asthma, constipation, rheumatoid arthritis, neurasthenia and dizziness.

Pine nuts stored for a long time will produce "oily" taste and should not be eaten. Loose pine nuts are best placed in a sealed container to prevent oil from oxidation and deterioration.

4. Almond-the fruit of anti-cancer, the all-around champion.

Almonds are rich in "amygdalin", which can relieve cough and asthma and also resist tumors. It has the function of regulating insulin and blood sugar, and is also one of the dietotherapy products for impaired glucose tolerance and diabetes.

The incidence of angina pectoris in patients with coronary heart disease who often eat almonds is lower than that in those who don’t eat almonds. Almond is rich in boron and calcium, which is also beneficial to prevent osteoporosis in menopausal women.

5. Almond-"American Almond"

Almonds and almonds-are they related or not?

Almond is the kernel of apricot, and almond is the kernel of almond.

Apricot and almond are two different plants in botany.

The nutritional value of Almond is six times that of beef with the same weight, and it can treat diseases such as hypertension, neurasthenia, skin allergy, tracheitis and rickets in children.

Chewing more than ten capsules before going to bed every day can improve sleep and enhance resistance.

Some hospitals in the United States often treat diabetes, childhood epilepsy and stomach problems with almond powder. It is also made into a new drug of picrotodan hydrochloride, which is specially used for treating influenza virus.

6. Pistachio nuts-friends of the heart, smiling nuts

When the pistachio is ripe, the shell will naturally crack, hence the name. Central Asian countries call it "smiling nut" (smiling nut).

For a long time, pistachios have been called "friends of the heart". Pistachio nuts are rich in phytosterols, which can prevent dyslipidemia and atherosclerosis, thus reducing the risk of cardiovascular and cerebrovascular diseases. In addition, moderate consumption of pistachios can promote metabolism, improve blood sugar levels, and help control weight.

There are many people who are allergic to pistachios in life, so people with allergies should eat carefully.

7. Peanut-civilian aristocrat, the most casual and bold nut.

Also known as "groundnut", Tang bean. Like soybeans, it is known as "vegetable meat" and "meat in vegetarian food".

Peanut is flat and sweet, which can strengthen spleen and stomach, nourish blood and stop bleeding, moisten lung and relieve cough, and induce diuresis and lactation.

Peanut red coat (i.e. peanut skin) has the functions of invigorating qi and stopping bleeding. People who need blood can choose small peanuts with more red clothes, while people who are at risk of thrombosis had better remove the red clothes.

Peanut contains a lot of arginine and resveratrol, the former has potential anti-tuberculosis effect, and the latter can inhibit the infiltration and spread of cancer cells, so it is a good diet for tuberculosis patients and tumor patients.

Moldy peanuts are rich in aflatoxin, which easily leads to liver cancer and is inedible.

8. Chestnut-the fruit of kidney

Chestnut can tonify spleen, stomach, kidney and tendons, so it is also called "the fruit of kidney".

Chestnut is rich in nutrition, and its vitamin C content is higher than that of tomatoes and more than ten times that of apples.

Chestnut is difficult to digest when eaten raw, and cooked food is easy to stagnate. It is best to treat chestnuts as snacks between meals, and only eat 6 ~ 7 capsules a day, or eat them in meals.

Chestnut contains a lot of starch, so eating more is easy to exceed the calorie limit, which is not conducive to weight control.

9. Hazelnut-the embodiment of wisdom and knowledge

Hazelnut is rich in nutrition, and there are eight kinds of amino acids necessary for human body, and its content is far higher than that of walnut. It has the reputation of "king of nuts".

The phosphorus content of hazelnut is the first of all nuts, and phosphorus is the main component of human bones and teeth.

If you eat more hazelnuts in childhood, it will help your child’s growth and development, and promote your height to some extent.

10. Cashews-Cooking Stars

Cashew nuts are especially suitable for cooking, and cashew nuts and celery are all popular dishes.

Cashews are rich in iron, twice as much as beef, especially suitable for pregnant women. Regular consumption of cashew nuts can promote sexual desire and so on.

Cashew nuts contain a large number of protease inhibitors, which help to control cancer.

Cashew nuts contain a variety of allergens, so people with allergies should eat them carefully.

11. Hawaiian fruit-a "crooked nut" crossing the ocean

Also known as "macadamia nuts", Hong Kong calls them "macadamia nuts". It is considered to be one of the best table nuts in the world.

Macadamia nut can regulate blood lipid biphasic, prevent thrombosis and control blood pressure.

Regular consumption of macadamia nuts can reduce the incidence of cancer, especially breast cancer and gastrointestinal cancer.

Long-term consumption of macadamia nuts can also prevent rheumatoid arthritis.

12. Sunflower seeds-anti-melancholy fruit

Sunflower seeds are rich in amino acids, especially arginine, which is necessary for semen production. It is very beneficial for men in reproductive period to eat sunflower seeds every day.

Medical scientists believe that sunflower seeds can cure insomnia, enhance memory and prevent cancer, hypertension and neurasthenia.

Twelve nuts

Nutrient element big PK

Calories (Kcal)

Top three high calorie: macadamia, pecan and pine nuts.

Champions of low-calorie group: chestnut, pistachio and cashew.

Dietary fiber (g)

Dietary fiber is called "the seventh largest nutrient". In addition to "expelling intestinal toxicity and moistening intestines", it can also lower cholesterol and enhance satiety.

Dietary fiber supplement can be selected from almond, almond and pistachio.

Unsaturated fat content

Fatty acids are divided into saturated fatty acids and unsaturated fatty acids.

Choosing foods with low saturated fat and high unsaturated fatty acids can reduce the risk of cardiovascular diseases.

Unsaturated fatty acids can be divided into monounsaturated fatty acids and polyunsaturated fatty acids.

ω-3 and ω-6 are essential polyunsaturated fatty acids for human body. Modern people’s diet structure is easy to ingest ω-6, but lacks ω-3 (such as DHA and EPA). In addition to deep-sea fish oil, omega-3 can also be ingested by eating nuts, such as walnuts and pine nuts (rich in polyunsaturated fatty acids).

Vitamin E(mg)

Vitamin E is a fat-soluble vitamin and one of the most important antioxidants.

Vitamin e can effectively fight free radicals, inhibit the generation of lipid peroxide and eliminate chloasma; Inhibition of tyrosinase activity, thereby reducing melanin production.

It has the effects of delaying aging, reducing wrinkles and preventing sunburn.

Almonds, sunflower seeds, almonds, peanuts and hazelnuts are all high-quality sources of vitamin E.

Find the nut that suits you best.

What kind of food should I choose?

Want to lose weight?

Pistachio nuts and pine nuts are preferred.

Delicious, not afraid of fat?

Pecan fruit, almond, chestnut, macadamia fruit.

Lack of dietary fiber?

Eat almonds, almonds and pistachios.

Want good skin?

Please choose almonds, sunflower seeds, almonds, peanuts and hazelnuts.

Allergic

Eat cashews, peanuts and pistachios carefully.

How should I eat nuts?

Of course, everyone eats together!

1. Enough is enough

In the new version of the China Residents’ Dietary Pagoda in 2016, it is suggested that about 25-35g of soybeans and nuts should be taken together every day.

2. Try to buy nuts with less processing and less seasoning.

Charcoal-roasted cashews, honey walnuts, peanuts, chocolate almonds, please go away!

finish

Article Source/China Traditional Culture

Original title: "12 Nut Nutrition Rankings, Are You Really Eating Right?"

　　CCTV News: If someone told you that you can buy lottery tickets on the website, you can technically analyze lucky numbers to ensure the winning rate, just like buying wealth management products. Would you believe it? This kind of thing that sounds like a pie in the sky is likely to be a new trick for criminals to cheat money.

　　Some time ago, Ms. Chen, who lives in Juye County, Heze City, Shandong Province, joined a WeChat financial group when she was surfing the Internet at home.

　　Victim Ms. Chen: Then someone inside said that if you invest, you can get a rebate, and then someone added me to chat alone.

　　Subsequently, a netizen who claimed to be a data analyst added Ms. Chen’s WeChat and recommended a lottery-like wealth management product to her.

　　Ms. Chen’s victim: She told me to buy one (one) lottery ticket, and then recommended my number. The chances of winning the prize were relatively high. Then I listened to him and asked him to help me choose several (group) numbers. As a result, I really earned some money.

　　　According to the recommendation, the lottery ticket purchased by Ms. Chen really won hundreds of dollars. After that, Ms. Chen’s bet became bigger and bigger, from several thousand yuan to tens of thousands of yuan. However, the lottery ticket she bought rarely won again, and she lost 140,000 yuan in just five days.

　　Ms. Chen, the victim: I worked with my partner and worked hard to save it. I immediately threw myself into it. After being swept away, I also regretted it, and my family also complained about me.

　　Ms. Chen felt that she had met a liar and quickly reported to the police. Just as the police launched an investigation, another Ms. Jiang also reported that she was cheated of 130,000 yuan by investing in lottery tickets. In order to recover the loss of the victim as soon as possible, the police handling the case decided to investigate from the flow of defrauded funds.

　　Zhang lei, a policeman of the Criminal Police Brigade of Juye County Public Security Bureau, Heze City, Shandong Province: After the victim invested this money, how did the money flow until this money was finally withdrawn, and the withdrawal place was found in Loudi City, Hunan Province.

　　With the assistance of the police in Loudi, Hunan Province, the police handling the case obtained clues by collecting the video of the withdrawal, arrested three cashiers and followed the trail, and arrested 23 suspects in Changsha, Loudi and Yiyang, Hunan Province. It is understood that the fraud gang headed by Liu has tricked others into investing in gambling by establishing a false gambling website. At present, the suspect has been transferred to the local procuratorate for review and prosecution.

　　Building a fake website to defraud the background can be manipulated artificially.

　　What kind of methods do criminal suspects use to trick these customers into being fooled step by step?

　　In this case, the deceived people first met some so-called "data analysts" in the WeChat financial group.

　　Suspect Zeng: First of all, we add friends to the WeChat group, and then after a simple understanding, we send him the sports lottery, telling him that it can make money, and telling him that we have a professional data analysis team that can win money steadily.

　　According to the criminal suspects, in order to succeed in the fraud, the communication between them and the victims was completely carried out in accordance with the set script.

　　Suspect Wang: There is information on the mobile phone, and then let us answer the customer’s questions according to that information. You ask me hello, I will answer hello, what do I do, and then that’s it, according to that script, that program.

　　In fact, these websites are fake gambling websites established by criminal suspects by purchasing source code. At first, they will let customers taste some sweetness, and the previous small investments will be operated behind the scenes, so that customers will win prizes repeatedly.

　　　Zhang lei, a policeman of the Criminal Police Brigade of Juye County Public Security Bureau, Heze City, Shandong Province: This website is a virtual website, which is not real. In these fraud gangs, some related people are responsible for backstage manipulation, and he will win as much as I let him win.

　　After earning a small amount of money and increasing trust, these so-called "data analysts" began to recommend large-scale lottery purchase schemes to customers, tricking them into transferring money to the accounts on the website to recharge, and then creating the illusion that the newly bought lottery tickets did not win.

　　Suspect Zeng: Until he is convinced of this thing, let him make a big bet and then lose.

　　In fact, the money that the customer recharged to this gambling website account was taken away by the criminal suspect through the bank ATM machine on the day of transfer.

　　The police once again reminded that you must go to a regular physical lottery shop to buy lottery tickets, and don’t trust other people’s investment in lottery tickets, stocks and futures.

1905 movie network news According to foreign media reports, Disney’s live-action version of Dumbo has identified a new Casper, who was confirmed to join by alan arkin who won the Oscar for Best Supporting Actor. Currently, the film is being filmed in London.

The live-action version of Dumbo is based on the 1941 animation remake and adapted from children’s novels. The main story is that Danbo, a circus elephant, was teased and bullied because of his unusual appearance. His mother was put in a cage because she taught the other party a lesson. The elephant tried his best to save her mother and accidentally discovered one of his unique skills. Although the 1941 version of Dumbo is only 64 minutes long, many paragraphs have become classics.

Alan arkin will play wall street tycoon Remington Griffin and Colin Farrell will play former circus star Holt Farrell. Danny devito’s circus owner hired Holt to take care of the newborn elephant, but Holt’s children found that the elephant could fly, and michael keaton’s slick entrepreneur and Eva Green’s acrobat tried to steal the elephant. The details of alan arkin’s role are unknown. However, the whole story of the live-action version has changed greatly.

Alan arkin had previously appeared in "Little Miss Sunshine" and "The Russians are coming! The Russians are coming! "and many other works.

The live-action Dumbo is directed by tim burton, who has directed many films and is good at Gothic style. Ehren Kruger, a series of screenwriters, plays the script of this film.

It is reported that the live-action version of Dumbo will be released in the United States on March 29, 2019. In addition to this film, Disney also adapted The Lion King into a live-action version.

Beijing Zhengfa 1992 No.50

The people’s governments of all districts and counties, the commissions, offices and bureaus of the municipal government, the head offices and institutions of higher learning:

　　The Regulations of Beijing Municipality on Urban Planning adopted at the thirty-fifth meeting of the Standing Committee of the Ninth Beijing Municipal People’s Congress on July 24, 1992 are hereby forwarded to you, please implement them carefully.

August 11, 1992　　

Regulations of Beijing Municipality on Urban Planning

(Adopted at the 35th meeting of the Standing Committee of the Ninth Beijing Municipal People’s Congress on July 24, 1992)

Chapter I General Provisions

　　Article 1 These Regulations are formulated for the purpose of implementing the Urban Planning Law of People’s Republic of China (PRC) (hereinafter referred to as the Urban Planning Law), rationally formulating urban planning, strengthening urban planning management, adapting to the needs of socialist modernization and combining with the actual situation of Beijing.

　　Article 2 The formulation and implementation of urban planning must abide by the Urban Planning Law and these Regulations.

　　The scope of application of these Regulations is the administrative area of this Municipality.

　　Article 3 Beijing is the political and cultural center of the whole country. Beijing’s urban construction and the development of various undertakings must be based on and reflect the urban nature of Beijing.

　　Article 4 Beijing is a famous historical and cultural city, and urban planning and construction should reflect the history and culture of the Chinese nation, the revolutionary tradition and the characteristics and features of the capital.

　　Urban planning and construction should make full use of modern science and technology, absorb and learn from the civilized achievements of world urban development, and gradually build a modern city.

　　Article 5 The development of urban and rural economy should suit the nature and characteristics of this Municipality, adjust and optimize the industrial structure, focus on the development of high-tech industries, develop the tertiary industry, and strictly restrict industries that consume a lot of energy, use a lot of water, have a large transportation volume, occupy a large area and cause serious pollution.

　　Article 6 Strictly control the development scale of cities, especially urban areas, and take effective measures to promote the rational distribution of urban system and urban population.

　　Article 7 Urban planning must conform to the national conditions and market conditions, scientifically predict the needs of urban long-term development, and correctly handle the relationship between short-term construction and long-term development.

　　All urban construction undertakings must implement the policy of building the country through diligence and thrift, adhere to the principle of applicability and economy, strictly save urban land and build water-saving and energy-saving cities.

　　Article 8 Beijing Urban Planning Administration (hereinafter referred to as the Municipal Planning Bureau) is the competent department of urban planning administration of this Municipality.

　　Beijing Urban Planning and Design Institute (hereinafter referred to as the Municipal Planning Institute) is the working body of the Municipal People’s Government responsible for organizing the preparation of urban planning.

　　The District and County Urban Planning Administration (hereinafter referred to as the District and County Planning Bureau) is the competent department of urban planning administration of the district and county people’s governments, in charge of the urban planning work of the district and county, and is led by the Municipal Planning Bureau in business, and the planning work is guided by the Municipal Planning Institute.

　　Sub-district offices and town (township) people’s governments shall strengthen the management of urban planning in their respective jurisdictions, and the relevant business shall be led by the district and county planning bureaus.

　　Article 9 This Municipality encourages scientific and technological research on urban planning, popularizes advanced technologies and improves the scientific and technological level of urban planning. Units and individuals that have made outstanding achievements may be commended and rewarded by the people’s governments at all levels or the relevant competent departments.

　　Article 10 All units and individuals have the obligation to abide by city planning, and have the right to report and accuse violations of city planning.

Chapter II Preparation and Examination and Approval of Urban Planning

　　Eleventh city planning should proceed from reality, according to the city’s national economic and social development planning and natural environment, resource conditions, historical conditions, current characteristics, etc., overall consideration, reasonable arrangements.

　　Article 12 Urban planning shall protect and improve urban ecological environment, prevent pollution and other public hazards, strengthen urban greening construction and city appearance and environmental sanitation construction, and protect historical and cultural heritage, urban traditional features, local characteristics and natural landscape.

　　When planning ethnic townships and areas where ethnic minorities live in compact communities, attention should be paid to maintaining ethnic characteristics.

　　Article 13 The principles of facilitating production, facilitating life, promoting circulation, prospering economy and promoting the development of social, scientific, technological, cultural and educational undertakings shall be implemented in the preparation of urban planning.

　　The preparation of urban planning shall meet the requirements of urban fire prevention, explosion imitation, earthquake resistance, flood control, debris flow prevention, public security, traffic management and civil air defense construction; In key areas of earthquake resistance and flood control, corresponding prevention measures must be taken in the planning.

　　Article 14 The preparation of a city plan is divided into two stages: overall planning and detailed planning. Prepare zoning plans in urban areas, suburban areas and other specific areas according to actual needs; In the outer suburbs, county establishment areas, county planning and township planning; In rural areas near the suburbs, the township planning should be made.

　　Detailed planning includes regulatory detailed planning and constructive detailed planning.

　　Article 15 The overall urban planning shall include: The nature, development goal and scale of the city, the main construction standards and quota indicators of the city, the overall deployment of urban construction land layout, functional zoning and various constructions, the professional planning of urban comprehensive transportation system, energy, water source, communication, water supply and drainage, flood control, rivers and lakes, green space system, etc., and the recent construction planning.

　　Article 16 The detailed urban planning shall, on the basis of the overall urban planning or zoning planning, make specific plans for various constructions in the urban construction area in the near future.

　　Seventeenth city planning should organize relevant departments to participate in, listen to want to see widely.

　　All departments and units shall, in accordance with the needs of planning, provide the preliminary plan and relevant information on professional planning in a timely manner.

　　Eighteenth Municipal People’s government is responsible for organizing the preparation of the overall urban planning of this Municipality. The people’s governments of outer suburbs and counties are responsible for organizing the preparation of district and county planning, overall urban planning and rural planning of their own districts and counties. The suburban district people’s government is responsible for organizing the preparation of the township planning of this district.

　　The Municipal Planning Institute shall provide business guidance and comprehensive coordination for the professional planning in the overall planning scheme of this Municipality and the planning organized by the district and county people’s governments.

　　Nineteenth city planning in accordance with the following provisions:

　　(a) the overall urban planning of this Municipality shall be submitted to the State Council by the Municipal People’s Government for examination and approval by the Municipal People’s Congress or its Standing Committee.

　　(two) zoning planning, professional planning and regulatory detailed planning by the Municipal People’s government for approval.

　　(3) The district and county planning of outer suburbs and counties and the overall planning of towns where the people’s governments of outer suburbs and counties are located shall be submitted to the Municipal People’s Government for examination and approval after being examined and approved by the district and county people’s congresses or their standing committees.

　　(four) the overall planning of other towns in the outer suburbs and counties and the township planning in the outer suburbs shall be examined and approved by the Municipal People’s government.

　　(five) the rural planning of the outer suburbs and counties shall be submitted to the Municipal Planning Bureau for examination and approval after being examined and agreed by the district and county people’s governments, and the important one shall be submitted to the Municipal People’s Government for examination and approval by the Municipal Planning Bureau.

　　(six) the examination and approval procedures for the detailed planning of construction shall be formulated by the Municipal People’s government.

　　Twentieth municipal people’s government according to the needs of urban economic and social development, can make local adjustments to the overall urban planning, reported to the Standing Committee of the Municipal People’s Congress and the State Council for the record; Involving major changes in the nature, scale, development direction and overall layout of the city, it shall be reported to the State Council for examination and approval after examination and approval by the Municipal People’s Congress or its Standing Committee.

　　Twenty-first after the approval of the overall urban planning of this Municipality, the Municipal People’s Government shall take appropriate measures to publish it.

　　After the urban planning is approved according to law, the submitting department shall enter the competent department of urban planning administration for the record.

Chapter III Development of New Urban Areas and Reconstruction of Old Urban Areas

　　Article 22 The development of new urban areas and the reconstruction of old urban areas must adhere to the principles of unified planning, rational layout, local conditions, comprehensive development and supporting construction.

　　The site selection and location of various construction projects shall not hinder the development of the city, endanger the safety of the city, pollute and destroy the urban environment, and affect the coordination of various functions of the city.

　　Twenty-third new district development and old district reconstruction, we should strengthen the construction of infrastructure and public facilities, and gradually improve the modernization level of infrastructure and urban environmental quality; Adhere to the construction procedure of underground first and then above ground; Adhere to the principle of simultaneous construction of the main project and supporting facilities as well as greening and environmental protection facilities.

　　Article 24 The reconstruction of old urban areas shall follow the principles of strengthening maintenance, rational utilization, adjusting layout and gradually improving, correctly handle the relationship between protection and reconstruction, and carry out the reconstruction of the areas with poor living conditions, concentrated dilapidated buildings, backward infrastructure and traffic jams by stages and batches in a planned way. Strictly control the construction of buildings, and gradually transform or move out of industrial enterprises with serious pollution.

　　In the reconstruction of the old city area, we should persist in inheriting, protecting and carrying forward the traditional features, urban pattern, architectural style and garden art of historical and cultural cities. Delineate the protection scope, construction control zone and historical and cultural protection zone of cultural relics protection units, formulate the planning requirements for the height, volume, style and color of new buildings, and implement overall protection for traditional houses and blocks that reflect the folk customs of ancient capitals.

　　Twenty-fifth village construction must follow the principles of unified planning, land conservation, local conditions, proper concentration, rational layout and supporting construction.

　　The development of township enterprises should try to occupy less cultivated land, concentrate relatively and control decentralized construction.

Chapter IV Implementation of Urban Planning

　　Twenty-sixth city planning administrative departments to implement unified planning and management of all construction land and construction projects. Land use and various constructions must conform to urban planning and be subject to planning management.

　　The various constructions mentioned in these Regulations refer to new construction, expansion, reconstruction and renovation of various housing buildings, municipal pipelines, overhead poles, railways, underground railways, roads, bridges, civil air defense, flood control, parks, urban green spaces, street trees, rivers and lakes, water sources, fences and parking lots. Construction projects and all structures such as stockyards, as well as urban sculptures and advertising facilities.

　　The renovation and external decoration of existing buildings in important streets, traditional cultural blocks and specific areas specified by the Municipal People’s Government shall be regarded as construction projects.

　　Twenty-sixth planning departments of the people’s governments at all levels shall solicit the opinions of the competent department of city planning administration when examining and approving the proposals for new construction, expansion and reconstruction projects; When the design task book is submitted for approval, it must be accompanied by the site selection opinion of the competent department of city planning administration.

　　Article 28 If it is necessary to apply for land for construction, it is necessary to apply to the municipal, district or county planning bureau for site selection and location with the relevant documents approved by the competent department. The municipal, district or county planning bureau will verify the nature, location and boundaries of its use, provide planning and design conditions, and issue a planning permit for construction land.

　　The site selection of construction land is fixed, the planning permit for construction land is issued, and the city, district and county planning bureaus are responsible for the classification. Specific measures for the division of authority shall be examined and approved by the Municipal Planning Bureau and the Municipal People’s Government.

　　Twenty-ninth the nature, location and boundaries of the land used in the planning permit for construction land shall not be changed without the approval of the original examination and approval department.

　　Thirtieth any unit or individual must obey the decision of the people’s government of the city, district or county to adjust the construction land according to the urban planning.

　　If the land use right of construction land is recovered according to law or the construction land has not been used for more than two years, the competent department of city planning administration shall revoke its construction land planning permit.

　　Thirty-first urban construction projects for roads, railways, rivers, green belts and other public land arrangements, the construction unit shall collect public land in accordance with the provisions of relevant laws and regulations of this Municipality.

　　Article 32 To build, expand, change or rebuild buildings, structures, roads, pipelines and other engineering facilities, an application must be submitted to the Municipal, District and County Planning Bureau with relevant approval documents, and the Municipal, District and County Planning Bureau will issue a construction project planning permit according to the planning and design requirements put forward by the urban planning.

　　The authority to issue construction project planning permits shall implement the hierarchical responsibility system of the city, district and county planning bureaus. Specific measures for the division of authority shall be examined and approved by the Municipal Planning Bureau and the Municipal People’s Government.

　　Article 33 No unit or individual may occupy roads, squares, green spaces, high-voltage transmission line corridors and underground pipelines for construction.

　　Article 34 Activities to change topography, such as mining, quarrying, sand digging, digging pits and filling ponds, must be approved by the relevant competent departments, conform to urban planning, obey planning management, and must not damage the urban environment or affect the implementation of urban planning.

　　Thirty-fifth cultural relics protection areas, scenic spots, nature reserves, water source protection areas, industrial and mining areas, roads, railways, river isolation zones and other specific areas, strictly control the construction. The specific scope and planning management measures for specific areas shall be formulated by the lower people’s government.

　　Thirty-sixth any unit or individual that needs temporary land for urban construction shall apply to the municipal, district or county planning bureau for designation and issue a permit for temporary land use planning; To build a temporary construction project, a temporary construction project planning permit issued by the municipal or district/county planning bureau must be held.

　　On temporary land. Permanent and semi-permanent construction projects shall not be built; Temporary construction projects shall not be converted into permanent construction projects; Temporary land use and temporary construction projects shall not change the nature of use; If it is necessary to extend the use period of temporary land and temporary construction projects due to special circumstances, an application for extension shall be submitted to the original approval authority two months before the expiration, and the use can be postponed only after approval.

　　When the use of temporary land and temporary construction projects expires or urban construction needs, the user must unconditionally dismantle the construction projects and all facilities, restore the landform and return the land.

　　Specific measures for the administration of temporary land use and temporary construction projects shall be formulated by the Municipal People’s Government.

　　Thirty-sixth design units must, in accordance with the planning and design conditions provided by the competent department of city planning administration, formulate the design scheme of construction projects or carry out engineering design.

　　The construction unit must obtain the construction project planning permit before construction.

　　Article 38 The competent department of city planning administration shall issue the construction project planning permit and collect the license fee in accordance with the provisions of the Municipal People’s Government.

　　Thirty-ninth city or district, county planning bureau of construction land to be nailed conditions, by the municipal surveying and mapping departments unified nail pile and calculate the coordinates. If the construction project needs to be set out and inspected, the construction can only be started after the inspection is qualified. After the completion of the construction project, the construction unit shall promptly report to the competent department of city planning administration for planning acceptance.

　　After the completion of the construction project, the construction unit shall submit the completed drawings and materials to the urban construction archives in accordance with the regulations.

　　Fortieth city planning administrative departments have the right to check whether the construction project meets the planning requirements. The inspected shall truthfully provide the information and necessary materials, and the inspector shall have the responsibility to keep the technical secrets and business secrets for the inspected.

　　Article 41 The assignment and transfer of the right to use state-owned land in cities and towns must conform to urban planning.

Chapter V Legal Liability

　　Forty-second without obtaining the planning permit for construction land and obtaining the approval document for construction land, the approval document is invalid, and the occupied land shall be ordered to be returned by the municipal or district/county people’s government.

　　Article 43 If construction is carried out without obtaining the planning permit for construction land and the planning permit for construction projects or in violation of the above-mentioned permits, which seriously affects urban planning, the municipal or district/county planning administrative department shall order it to stop construction, dismantle or confiscate illegal buildings, structures or other facilities within a time limit, and impose a fine depending on its implementation; If it affects urban planning and corrective measures can be taken, the municipal or district/county planning bureau shall order it to make corrections within a time limit and impose a fine.

　　Article 44 The responsible personnel of a responsible unit that has not obtained a construction project planning permit or carried out construction in violation of the provisions of the construction project planning permit may be given administrative sanctions by the unit to which they belong or by the competent authority at a higher level.

　　Forty-fifth the provisions of this Ordinance administrative punishment, specific measures shall be formulated by the Municipal People’s government.

　　Article 46 If a party refuses to accept the decision on administrative punishment, he may, within 15 days from the date of receiving the notice of punishment, apply for reconsideration to the organ at the next higher level of the organ that made the decision on punishment; Anyone who refuses to accept the reconsideration decision may bring a suit in a people’s court within 15 days from the date of receiving the reconsideration decision. The parties may also directly bring a suit in a people’s court within 15 days from the date of receiving the notice of punishment. If a party fails to apply for reconsideration, bring a suit in a people’s court or perform the punishment decision within the time limit, the organ that made the punishment decision shall apply to the people’s court for compulsory execution.

　　Article 47 The staff of urban planning administrative departments at all levels must be loyal to their duties, strictly implement the Urban Planning Law and these Regulations, and enforce the law impartially. For dereliction of duty, abuse of power, corruption, depending on the circumstances and consequences, given administrative sanctions by their units or the competent authorities at a higher level; If a crime is constituted, criminal responsibility shall be investigated according to law.

　　Article 48 Whoever refuses or hinders the staff of the competent department of city planning administration from performing their duties according to law shall be punished in accordance with the Regulations of the People’s Republic of China on Administrative Penalties for Public Security; If a crime is constituted, criminal responsibility shall be investigated according to law.

Chapter VI Supplementary Provisions

　　Forty-ninth problems in the specific application of these Regulations shall be interpreted by the Municipal Planning Bureau.

　　Acts that violate the administration of urban planning before the implementation of these Regulations shall be dealt with according to the Urban Planning Law and the Interim Measures of Beijing Municipality for the Administration of Urban Construction Planning; Acts that violate the administration of urban planning after the implementation of these Regulations shall be dealt with according to the Urban Planning Law and these Regulations.

　　The fiftieth of this Ordinance since October 1, 1992. On January 17, 1984, the Standing Committee of the Eighth Municipal People’s Congress approved the Interim Measures for the Administration of Urban Construction Planning in Beijing, which shall be abolished at the same time.

Tesla CEO Musk started his unannounced trip to China on 28th. His private business jet was recorded by the flight tracking website until it arrived at Beijing Capital International Airport that afternoon. During this visit, Li Qiang, Prime Minister of the State Council, China, met Musk at Diaoyutai State Guesthouse, praising Tesla’s success in the China market as a model of Sino-US economic and trade cooperation, and reiterating that China will continue to welcome the participation and contribution of foreign-funded enterprises, and its huge market will remain open to the outside world. Musk’s visit was at the invitation of the China Council for the Promotion of International Trade, during which he also met with Ren Hongbin, president of the Council for the Promotion of International Trade. According to Reuters, Musk’s visit to China aims at promoting the application of Tesla’s fully automatic driving (FSD) system in China, and hopes to get approval to transmit the vehicle driving data in China to foreign countries for the training of autonomous driving algorithms. At present, according to regulatory requirements, all driving data collected by Tesla in China since 2021 are stored in Shanghai and not transferred to the United States. Musk predicted earlier that FSD technology would be provided to users in China. Experts pointed out that the complex traffic environment and high density of pedestrians and bicycles in China provided valuable data for optimizing intelligent driving algorithm.

Musk’s trip to China was immediately followed by his announcement that he would postpone his visit to India. He originally said that he could not make it because of his company’s busy business. Indian media widely reported this contrast, stressing that Musk chose to visit China when Tesla’s plan to build a factory in India was unclear.

It is worth noting that Musk’s visit to China coincided with his stay in auto china. Although Tesla didn’t participate in the exhibition, Musk conveyed his delight in the progress of electric vehicles in China through video interview after his arrival, and predicted the trend of full electrification of vehicles in the future. At the same time, Mary Bola, CEO of American General Motors, also made a low-key appearance at the Beijing Auto Show, showing that the international auto industry is highly concerned about the China market.

student

ticket

It’s the school season again, and many students are about to enter school or start their study life in the new school year. Xiaobian specially sorted out the common problems in the use of student tickets to facilitate everyone to purchase tickets quickly.

one

How to use student tickets

Method 1: bind the preferential qualifications of students before purchasing tickets (preferred recommendation)

1. Bring the original ID card and student ID card to the station self-service ticket vending machine for "preferential qualification binding";

2. use the railway 12306APP to purchase tickets;

3. You don’t need to pick up the ticket when you take the bus, just swipe your ID card and get into the station.

Highlight: No need to collect tickets.

Method 2: Buy the ticket first and then discount the qualification binding.

1. use the railway 12306APP to purchase tickets;

2. Bring the original ID card and student ID card to the self-service ticket vending machine for "preferential qualification binding";

3. When you take the bus for the first time every academic year, you must exchange the "reimbursement voucher" before you can swipe your ID card.

Disadvantages: Need to get reimbursement vouchers; When the preferential qualification binding is unsuccessful, you must go to the artificial window with the original student ID card to handle the "full price".

pay attention to

You must go to the station for a "preferential qualification binding" every academic year.

You must bring the original ID card and student ID card when you take the bus, so that the railway department can check it.

There are four preferential times per academic year, which are not cumulative and not postponed.

2

Student ticket preferential qualification binding

Steps of qualification examination for self-service machines: three clicks and two placements.

Click on the preferential qualification binding module on the screen;

Click the student preferential qualification binding module;

Click "Got it" for the pop-up "Binding Instructions";

Place a student discount card for train tickets;

Place the second-generation ID card.

The verification function of students’ preferential qualification has been added to the manual real-name registration system verification entrance of the station and the train.

The secret of the success of "preferential qualification binding"

1. Fill in the bus section correctly, which is "school-home" or "home-school", and you can’t fill in other places.

2. The train ticket discount card of the student ID card can be read and is consistent with the information recorded on the student ID card.

three

Student ticket discount

grade

favourable

remarks

hard seat

5 fold

Ordinary speed (T, K prefix and train number are pure numbers)

hard berth

15% discount

When buying a hard berth ticket, you can enjoy a discount of half the hard seat.

sleeper with cushioned berths

No discount

_

business block

No discount

_

First-class seats

No discount

_

Second-class seat

15% discount

When purchasing train tickets for EMU (G, D prefix), you can enjoy a 25% discount on the published fare of second-class seats, that is, a 7.5% discount.

four

Frequently asked questions

ask

Why is the discount card invalid?

The discount card must be properly kept. Once attached, it must not be torn off, bent or folded at a large angle, pressed by external force, soaked or stored in a damp place for a long time, and other contactless IC cards (such as second-generation ID cards) or metal cards should not be placed close to the discount card.

ask

What conditions can I buy a student ticket?

Students and graduate students who study in ordinary universities, colleges (including private universities with academic qualifications approved by the national education authorities), military colleges, primary and secondary specialized schools, and technical schools, who have no wage income, and whose family residence and school are not in the same city, can enjoy half-price hard seat tickets, accelerated tickets and air-conditioning tickets between their families and colleges four times a year with the student ID card (primary school students can prove it in writing) affixed with the official seal of the college. Freshmen can buy a student ticket with the admission notice and graduates with the written certificate from the school. Overseas Chinese students and students from Hong Kong, Macao and Taiwan shall be handled in accordance with the above provisions.

ask

I have bought a train ticket and forgot to bring my student ID card when I took the bus. What should I do?

Refund the ticket before driving and re-purchase the full-price ticket.

ask

What should I do if I have bought the ticket, the qualification binding of the discount is unsuccessful or I can’t get the ticket after the number of discounts is used up?

Go to the artificial window of the station to handle the "full price", which can be handled before driving.

ask

What should I do if the student ticket misses the train?

Tickets that have never been changed can be changed once; Tickets that have been changed once will be invalid after driving, so you can buy them again.

For any questions about the purchase of student tickets and taking a bus, the majority of student travelers can consult at the station service desk, and the staff will serve you wholeheartedly.

Graphic | Huang Shuyuan

Edit | Wu Gaolin

Original title: "How to buy and use student tickets? The detailed answer is coming! 》

Read the original text

　　The recent changes in the real estate market attract people’s attention.

　　Previously, house prices showed a downward trend, and the "inflection point theory" surged; Recently, various places have introduced real estate "rescue" policies, and whether the house price has stopped falling has become the focus. China Bank Institute of International Finance recently released a research report saying that the domestic real estate market will turn from the current "stagflation" to the downward stage dominated by cyclical factors. It is estimated that in the next two years, the national housing prices will drop by 10%, and the highest drop may reach 30%. According to the announcement of the Ministry of Finance on October 22nd, since yesterday, the tax policy of individual housing transactions has been adjusted to reduce the taxes and fees for housing transactions.

　　What is the future trend of the real estate market? Will house prices fall further and how long will the market adjustment last? Yi Xianrong, a well-known economist and researcher at the Institute of Finance of China Academy of Social Sciences, visited the live broadcast room of Guangzhou Daily Beijing News yesterday to comment on the housing market’s "bailout" and property prices, and exchanged views with netizens.

　　Bank loss-making business

　　May not actively implement the New Deal.

　　Despite the turbulent arguments about the "turning point" of the housing market, Yi Xianrong said that no one around him would buy a house, because the real estate market still needs to be adjusted, and it is best not to act casually without seeing the situation clearly.

　　Then, does the recent new government policy for the real estate market help the real estate market to "pick up"? Yi Xianrong, for example, said, "The recently introduced policy is such a concept, assuming that the base point of our house price is now 100, then, in fact, the psychological price for residents to buy a house is about 30~40. The government’s policy is actually to help the people reach the basic point of 100. The policy tone is to encourage consumers to buy a house, but the ladder is too short and may only climb five points. "

　　In addition, he also said that another key issue is that the new policy looks very good, interest rates and credit are very favorable. For residents who buy the first house, the mortgage interest rate is lowered by 0.7, but the cost interest rate of banks is higher than 0.7. This means that the more banks do mortgage losses, the more they lose. Although this is a good thing for ordinary people, it is a question whether banks are willing to do it.

　　This round of housing prices fell.

　　Has little to do with the subprime mortgage crisis.

　　The subprime mortgage crisis in the United States has caused the global economy to encounter downside risks. Is this macroeconomic environment an important reason for the decline in housing prices? Yi Xianrong believes that the decline in China’s real estate prices has little to do with the US subprime mortgage crisis.

　　"The main reason for this round of housing prices is that in the past few years, the government’s goal for the development of the real estate market was not clear, and the speculation in the real estate market and the demand for buying houses overlapped. Due to the low loan interest rate and few restrictions on buyers, many investors are desperately speculating, which eventually leads to soaring prices. "

　　Yi Xianrong said that the most crucial point is that real estate developers should reduce profits so that most ordinary people can afford to buy houses. Only when houses become popular products and everyone has consumer demand will the market gradually heat up. "Compared with other markets, the real estate market has its particularity. Since there has been a boom period of nearly 10 years, there will probably be a long adjustment period, and this round of adjustment will not be completed within one or two years. Of course, it also depends on the changes in the international economic situation and the economic situation in China.

　　Yi Xianrong believes that the stock market downturn has a greater impact on the real estate market. The sharp decline in the stock index has caused many investors’ property to shrink, and led to a great reduction in the flow of funds to the real estate market. If the stock market cannot be effectively adjusted, it is difficult to change the pattern of the real estate market. "So we must let the stock market have upside." In the last round of housing price increase, Beijing, Shanghai and Guangzhou are undoubtedly the three regions that attract attention in China. Among the three regions, Guangzhou, Shenzhen and other places adjusted their house prices earlier and faster. Yi Xianrong said that in this round of adjustment, one is because the house prices in this region rose rapidly last year, and the other is because the real estate enterprises in Guangdong have already entered the adjustment cycle. "I don’t think local governments such as Guangzhou and Shenzhen need to intervene in the adjustment of the real estate market."

　　Xi’ an provident fund loan

　　Limit the settlement within 7 days

　　According to the announcement of the Ministry of Finance on October 22nd, since yesterday, the tax policy of individual housing transactions has been adjusted to reduce the taxes and fees for housing transactions. The Ministry of Finance announced on the 22nd that from November 1, 2008, the deed tax rate will be reduced to 1% for individuals who purchase ordinary houses of 90 square meters or less for the first time. Temporary exemption from stamp duty on individual sales or purchase of housing; Temporary exemption from land value-added tax on individual housing sales.

　　According to CCTV reports, the Xi ‘an Housing Provident Fund Management Center of Shaanxi Province recently issued a regulation that individual housing provident fund loans that meet the loan conditions and have complete procedures are limited to seven days. (Zhongxin)

　　You don’t have to pay deed tax to buy a house?

　　The reporter found that it was just a discount for developers in disguise.

　　A few days ago, a real estate developer advertised "zero deed tax" for buying a house. Some citizens have doubts: Is zero deed tax an illegal operation? Can I still get the deed tax invoice? For this reason, the reporter learned from the developers and relevant departments that the original zero deed tax is only a form of disguised discount, not without tax.

　　A few days ago, a special report in the newspaper that said "zero deed tax" attracted the attention of Ms. Li, a citizen. I saw that the home buyers who subscribed for the products of the real estate developer were given a "zero deed tax" discount. For example, if you buy a 95-square-meter three-bedroom apartment, the down payment will be about 270,000 yuan and the deed tax will be about 13,500 yuan before the introduction of the new real estate policy. And participating in the "zero deed tax" activity of real estate developers can immediately reduce the deed tax of 13,500 yuan. In this regard, Ms. Li has a question: "Can the deed tax be reduced or exempted by real estate developers? Is there any invoice for tax exemption? "

　　On October 22, the state issued a new policy of purchasing houses, adjusted the individual purchase policy, and reduced some taxes and fees, among which the deed tax for the first purchase of houses below 90 square meters was reduced to 1%. It can be seen that the state does not have a policy of free deed tax. Then, is the "zero deed tax" activity of real estate developers illegal?

　　"According to laws and regulations, real estate developers have no right to avoid deed tax." Relevant tax officials told reporters that according to the current provisional regulations on deed tax, the units and individuals who bear the transfer of land and housing ownership in China must pay deed tax.

　　The reporter called a real estate company’s real estate for consultation, and the staff who answered the phone explained to the reporter that the so-called "zero deed tax" is actually a form of discount, "that is, we deduct the cost of paying deed tax from the house price. But in fact, you still have to pay the deed tax. " The staff said that developers will not pay the deed tax on their behalf, and buyers should pay the deed tax on their own. "The deed tax invoice is of course there." The person added.

　　Four cases of deed tax reduction and exemption

　　(a) state organs, institutions, social organizations and military units that inherit land and houses for office, teaching, medical care, scientific research and military facilities shall be exempted;

　　(two) urban workers in accordance with the provisions of the first purchase of public housing, shall be exempted;

　　(three) if the house is repurchased due to the loss of the house due to force majeure, the reduction or exemption shall be granted as appropriate;

　　(4) Other items of deed tax reduction or exemption as stipulated by the Ministry of Finance. (Zhao Linlin He Yingsi)

　　Yi Xianrong, a researcher at the Institute of Finance, China Academy of Social Sciences, was named as the "real estate civilian spokesman". He once said that the real estate industry in the mainland is a profiteering industry. "Most of the rich people are doing real estate, and the real estate industry has created a bunch of top rich people at a rapid pace."

　　The stock market has wiped out China’s assets. Basically, all the rich people are in the stock market. Now the stock market has dropped by 80%, and some stocks have dropped by 90%. Do you still have money to buy a house? Definitely not.

　　-Yi Xianrong

Editor: Li Erqing

　　As one of the largest institutional investors in China, the national social security fund has attracted much attention from the market. Recently, the Social Security Fund has many new ideas and actions on investment. Focusing on related hot issues, our reporter recently interviewed Dai Xianglong, chairman of the National Social Security Fund Council.

　　China is a developing country, and there is no surplus of funds. However, the channels for converting social funds into capital are too narrow, and the proportion of direct financing should be increased through multiple channels.

　　Reporter: You have served as the leader of commercial banks, central banks and local governments, and now you are in charge of the work of the Social Security Fund Council. It should be said that you have been exposed to the capital market from all angles. The 17th National Congress of the Communist Party of China proposed to optimize the capital market structure and increase the proportion of direct financing through multiple channels. What do you think is the significance of capital market to China’s economic and financial development? What aspects should we focus on to develop and improve the capital market at present?

　　Dai Xianglong: The capital market, also known as the long-term capital market, refers to places where various funds are borrowed and traded for more than one year. In China, the capital market mainly includes national debt market, stock market, medium and long-term corporate bond market and medium and long-term loan market. Developing capital market is of great significance for deepening the reform of financial system and promoting economic and social development. In terms of financing, enterprises can obtain long-term funds for production and construction, and most of these funds become enterprise capital, which improves their own development ability and corporate governance level; In terms of investment, it can preserve and increase the value of funds, generally speaking, it can get a higher return than the interest on bank deposits, which is beneficial for urban and rural residents to convert some deposits into equity and increase property income; In terms of market function, it can guide social funds to invest in regions, industries and enterprises with high efficiency in the use of funds; From the perspective of strengthening the national macro-control ability, it can promote the adaptation of capital supply and credit supply, reduce excess liquidity, reduce dependence on foreign capital, and better promote the balance of payments.

　　After long-term efforts, the reform and development of China’s financial industry has achieved remarkable results, but there are still many outstanding problems to be studied and solved, including the low proportion of direct financing. It has been 15 years since the Third Plenary Session of the 14th CPC Central Committee proposed to increase the proportion of direct financing, but the progress is not obvious enough. From 2001 to 2006, the ratio of stock financing to loan increase in that year was the lowest 2.1% and the highest 9.5%. In 2007, the stock market rose sharply by more than 20%, and this year it will definitely drop sharply. China is a developing country, and there is no capital surplus. Excess liquidity refers to the short-term capital supply exceeding the macro-control capital demand, which leads to the excessive growth of asset prices. At present, there is "excess liquidity" in China. First, because of the imbalance of international payments, foreign exchange reserves occupy too much RMB funds; Second, because of the insufficient capital formation and the rapid growth of credit capacity, the channels for converting social funds into capital are too narrow, and a large amount of funds are converted into credit funds. The unreasonable structure of social funds reduces the utilization rate of social funds. In recent years, to create 100 yuan’s GDP in China, it needs 160 yuan’s money supply, which is more than double that of the United States, and also exceeds that of Japan, which mainly relies on indirect financing.

　　The report of the 17th National Congress of the Communist Party of China proposed to "optimize the capital market structure and increase the proportion of direct financing through multiple channels". In this regard, we should conscientiously implement:

　　First, we should continue to expand stock financing. China’s economy and society have developed steadily, national strength has been continuously improved, market management has been gradually improved, and the stability and development of the stock market have a good foundation. By adjusting the financing rhythm, increasing institutional investment, strengthening system construction and innovating the stability mechanism, China’s stock market will surely develop steadily. At present, we should implement a tight monetary policy, focus on controlling inflation, and at the same time pay attention to the healthy development of the capital market and maintain the stability of the real estate market.

　　The second is to develop bond financing. By the end of June 2008, the total amount of bonds in China had reached 13.74 trillion yuan, but 91.5% were government bonds, policy financial bonds and central bank bills, and corporate and corporate bonds only accounted for 8.5%. It is necessary to speed up the development of enterprise credit rating agencies, improve the bankruptcy settlement mechanism, strengthen the coordination of financial regulatory agencies, and solve the guarantee problem of corporate bond issuance, so that the issuance and transfer of corporate bonds can be greatly developed.

　　The third is to create fund financing. Fund financing includes securities investment funds, venture capital funds and equity investment funds. At present, securities investment funds have been stipulated by law and have developed rapidly; Venture capital fund, which has administrative regulations, is small in scale; Equity investment funds or industrial investment funds are still in the experimental stage of reform and should be boldly and comprehensively promoted.

　　Reporter: In 2006, Tianjin applied to the State Council to set up the OTC market of unlisted public companies. What is the purpose of setting up this market? What role can it play in the whole capital market system?

　　Dai Xianglong: The securities trading market includes the on-site market and the off-site market. OTC market mainly refers to the over-the-counter market (OTC), which provides stock quotation and transfer services for public companies that fail to meet the listing conditions. The establishment of over-the-counter market is conducive to increasing the proportion of direct financing through multiple channels, providing capital for more and wider public companies than listed companies and promoting capital flow; It is conducive to providing capital for small and medium-sized enterprises that do not have listing conditions for the time being and are in the initial stage of development, but have strong growth, and promoting the development of small and medium-sized enterprises and scientific and technological small and medium-sized enterprises; It is beneficial for unlisted public companies to improve the corporate governance structure and provide more high-quality listed companies for the stock market.

　　It has become an established policy in the State Council to create conditions to build an OTC market and form a mechanism for quotation and transfer of shares of unlisted companies under unified supervision. The CPC Central Committee and the State Council have incorporated the development and opening-up of Tianjin Binhai New Area into the national development strategy layout, and the State Council has approved Tianjin Binhai New Area as a national comprehensive reform pilot zone, and made financial reform the focus of reform. On March 13th, 2008, the State Council officially approved the "Overall Plan for the Comprehensive Reform of Tianjin Binhai New Area", proposing that "it is necessary to create conditions for the establishment of a national unlisted public company equity trading market in Tianjin Binhai New Area". It is understood that this reform is being carried out quickly. Shanghai will gradually become an international financial center. Beijing, as the capital of China, is actually the financial decision-making management center of China. Tianjin will build an over-the-counter trading market, and other big cities will play an important role in the regional financial market. China has a vast territory and a growing economic aggregate. Under the unified planning of the state, we should give full play to the role of relevant cities and jointly promote the reform and development of China’s modern financial industry.

　　● The Social Security Fund does not directly invest in a single stock, and there is no so-called insider information source. It independently conducts investment business in accordance with relevant regulations.

　　Reporter: You have always stressed that social security funds should pursue the concepts of long-term investment, value investment and responsible investment. Recently, you also said that the Social Security Fund will do what we should do in the stable development of the stock market. Can you elaborate on the role played by social security funds in the stock market in recent years? Will the social security fund change in the way or proportion of stock investment in the future?

　　Dai Xianglong: On September 25th, 2000, the CPC Central Committee and the State Council announced their decision to establish the National Social Security Fund and set up the National Social Security Fund Council to manage and operate this fund. The National Social Security Fund is a central strategic reserve, which is mainly used to cope with the pressure that pensions can’t cover their expenses during the peak period of China’s aging. The fund comes from the central financial allocation, the income from the reduction of state-owned shares and the transfer of shares, part of the lottery public welfare fund, investment income, etc., and invests in fixed-income products, stocks and industrial investment. The national social security fund has formed a unique investment concept and style: First, it insists on long-term investment. In a long period of time, the state has no major expenditure arrangements for social security funds, and social security funds have always insisted on obtaining stable and high returns through long-term investment. The second is to insist on value investment. Social security fund investment has no so-called inside information, based on the analysis of financial market trends, investing in diversified financial products with high current and potential returns. The third is to insist on responsible investment. The investment decision of social security fund should not only ensure the preservation and appreciation of the fund, but also maintain the stability of financial market and promote the economic development of enterprises and regions. By the end of 2007, the total assets of the national social security fund were more than 500 billion yuan, and the average annual rate of return in the past five years was 10.7%. It is predicted that the total assets will exceed 1 trillion yuan by 2010.

　　Pensions in all countries are an important source of investment in the capital market and an important pillar to stabilize the stock market. There are more than $20 trillion in global pensions, accounting for a quarter of the global capital market. At the end of 2007, the national social insurance assets were 1.5 trillion yuan, the total assets of commercial insurance companies were close to 3 trillion yuan, and the urban and rural savings were 17.6 trillion yuan, and the ability to invest in the capital market was continuously enhanced. The national social security fund has played an important role in the development and stability of the capital market: first, the total investment has been increasing. At the end of 2007, the social security fund invested 485.4 billion yuan in stocks and various financial products with a term of more than one year, accounting for 95% of all assets, including 181.6 billion yuan in domestic and foreign stocks. The second is to insist on long-term investment. Especially when the stock market is depressed, it can show the stabilizing effect of social security fund on the stock market. The third is to promote the standardized operation of the fund industry. So far, we have selected 10 fund management companies as investment managers of the national social security fund to promote the fund management companies to continuously improve their management level. Fourth, the social security fund directly invested in enterprises and invested more than 40 billion yuan in equity investment funds to participate in the management of companies, which promoted the improvement of the governance structure of listed companies. With the strengthening of the national social security fund, we will play a greater role in promoting the development of the capital market.

　　Social security fund has gained some experience in improving investment management. The social security fund will invest in domestic and foreign stocks and some bonds, and implement entrusted management through open market competition for asset management companies. At the same time, the total amount of investment in various financial products shall be controlled in proportion, the proportion of investment in five years and each year shall be defined, the rolling operation shall be carried out, and fine-tuning shall be carried out quarterly within the allowable range. Practice has proved that the above investment management methods are effective. The Social Security Fund does not directly invest in a single stock, and there is no so-called insider information source. It independently conducts investment business in accordance with national laws and regulations and market supervision regulations, and in accordance with the National Social Security Fund Investment Management Regulations formulated by relevant departments in the State Council. Now, due to the stock market downturn, stock investment has been within the internal control ratio. I believe that our investment managers will definitely adhere to the concepts of long-term investment, value investment and responsible investment, and correctly handle the relationship between investment and risk. Doing so can not only maintain the stability of the stock market, but also meet the interests of the social security fund.

　　● The development of equity investment funds is conducive to converting some corporate and individual deposits into capital, reducing international capital inflows and alleviating the pressure of RMB appreciation.

　　Reporter: Under your impetus, China’s first industrial investment fund-Bohai Industrial Fund was established in Tianjin in 2006. In April this year, the State Council approved the National Social Security Fund to invest in industrial funds and equity investment funds; Recently, the Social Security Fund has invested 4 billion yuan in Xiang Ding Hui and Hongyi Funds. So, what role do you think equity investment funds can play in the development of capital market? What problems need to be solved in the current development of equity funds? Next, what are the plans of the social security fund in the investment of equity funds? Are you considering launching new funds and fund management companies with social security funds as the leading factor?

　　Dai Xianglong: Equity investment fund is a combination of capital and wisdom, which has a special function in promoting the development of capital market. The development of equity investment funds is an urgent need for enterprises to expand their capital, for investors to maintain and increase their value, for improving the capital market and for improving macro-financial regulation. As a developing country, China is not well-off in social funds. The current excess liquidity is due to insufficient capital formation, excessive credit capacity and unreasonable social capital structure. The development of equity investment funds is conducive to converting some corporate and individual deposits into capital, reducing international capital inflows and alleviating the pressure of RMB appreciation. At present, the development of equity funds should focus on studying and solving the following problems:

　　First, speed up the pilot reform. As early as 1997, the central government requested the formulation of industrial investment funds. Over the years, relevant departments have done a lot of work, but overall, the progress is slow. The industrial investment fund pilot working group led by the National Development and Reform Commission has been established for more than eight months, and the relevant work is progressing smoothly. We hope that the pilot working group will report the "Overall Plan for Industrial Investment Fund Pilot" as soon as possible, strengthen the guidance for the pilot work, and speed up the approval of relevant funds.

　　Second, measures for the management of equity investment funds should be introduced as soon as possible. The registration, management, transaction and taxation of equity funds shall be stipulated according to law, the supervision system shall be improved, and favorable conditions shall be provided for the development of equity funds in terms of investment and withdrawal. There are many administrative departments in China. Due to historical reasons and different angles, the same noun with the same basic attribute has different expressions in different departments, which often affects the promotion of related work. The operating principles of industrial investment funds and equity investment funds are basically the same, and equity investment funds are often referred to as private equity investment funds. Therefore, I suggest that industrial investment funds and private equity investment funds can be collectively referred to as "equity investment funds" in China at present, and corresponding management regulations or measures should be formulated as soon as possible. In terms of the establishment method of equity investment funds, the requirements for the establishment of corporate system, trust system and partnership system and the tax system are stipulated according to law, which are independently selected by investors.

　　Third, actively cultivate fund management professionals. At present, the development of equity investment funds is not a lack of money, but a lack of excellent management talents. It is necessary to speed up the training of senior talents in fund management, and appropriately set up Sino-foreign joint ventures or wholly foreign-owned equity investment fund management companies.

　　The National Social Security Fund will sum up the past experience of participating in launching a number of industrial investment funds, apply the policy that the State Council has given us that the total investment in equity investment funds can reach 10% of the total capital, and give full play to the role of social security funds in promoting equity investment funds. We will formulate measures for the management of social security funds investing in equity funds, select and hire fund management teams in an open, fair and equitable manner, and focus on investing in growing small and medium-sized enterprises. If the market needs it, we will consider setting up a new equity investment fund and its management company led by the National Social Security Fund, and compete reasonably with its peers in business development according to law.

　　● In the face of large fluctuations in the stock market, the social security fund will continue to adhere to the original investment philosophy and investment management methods, and stabilize the proportion of investment in stocks.

　　Reporter: In the past five years, the rate of return of the national social security fund was much higher than the inflation rate in the same period, achieving the goal of maintaining and increasing value. Especially in 2007, due to the proper investment strategy and the sharp rise of the stock market, the social security fund has realized income of 108.4 billion yuan. Judging from the situation this year, the performance of the stock market is not satisfactory. Can the social security fund continue to achieve better returns and what adjustments will be made in its investment strategy?

　　Dai Xianglong: Due to the changes in the financial market and investment structure, the investment returns of pension funds around the world fluctuate every year. Since last year, due to the global stock market decline, the return on pension investment in various countries has generally declined, and many funds have also suffered large losses. In 2007, the social security fund achieved a high income, but it can not be simply regarded as a one-year income, but the result of the long-term asset allocation of the social security fund during 2003-2006, and the result of the long-term investment goal of the social security fund. According to the minimum risk control requirement that the social security fund will not lose money on average for five years, the high income in 2007 will also bear the market risks and investment losses this year and in the future.

　　On June 30th, 2008, the stock markets of Shanghai Stock Exchange and Shenzhen Stock Exchange dropped by 48% and 45% respectively compared with the end of last year. This year is the first year that the Social Security Fund will implement the new Accounting Standards for Business Enterprises. Changes in the market value of trading products should be included in profit and loss accounting. The social security fund invests in stocks according to the prescribed proportion, and the decline in the market value of the stocks it holds is much lower than that of the Shanghai Composite Index in the same period. Nevertheless, the realized income of the social security fund in the first half of the year can’t offset the shrinkage of stock assets in the first half of the year, and the annual operating income of the social security fund is facing serious challenges.

　　To analyze and evaluate the investment performance of social security funds depends on the long-term results, and the fluctuation of short-term performance cannot and should not be used as the basis for evaluating the investment performance of social security funds. In the face of large fluctuations in the stock market, the social security fund will continue to adhere to the original investment philosophy and investment management methods, continue to adhere to the requirements of the established strategic asset allocation and annual tactical asset allocation, and the proportion of large-scale asset allocation will not change much. We will stabilize the proportion of investment in stocks, increase investment in fixed-income products, increase investment in direct investment in enterprises and equity investment funds, enhance the resilience of trading products, withstand the pressure of market fluctuations, and lay a good foundation for better investment returns in the next year. (Reporter Shi Mingshen Tian Junrong Xu Zhifeng)

Editor: Zhang Renhe

　　It was learned from the Provincial Department of Finance that in order to further create a fair, honest, trustworthy, open and transparent business environment for government procurement, the Provincial Department of Finance recently issued the "Implementation Plan for Optimizing Business Environment in Government Procurement in Hebei Province in 2022", which promoted the optimization and improvement of business environment indicators for government procurement in the whole province from three aspects.

　　Clean up all kinds of barriers and thresholds that hinder the business environment. Clear the hidden thresholds and barriers set by foreign enterprises in the field of government procurement, and clear the behaviors that require suppliers to set up branches and offices in the location of the project or the location of the purchaser to exclude foreign bidders; Clean up the behavior of setting unnecessary conditions to exclude potential competitors, and clean up the behavior of excluding and restricting competition by dividing the level of suppliers’ enterprises, adding certification items, setting up project libraries, registration, certification and recognition. The clean-up scope of the two items includes the procurement documents and procurement announcements of government procurement projects by public bidding since 2020.

　　Simplify and improve the mechanism of government procurement procedures. Simplify the formal examination of suppliers’ qualifications, and continue to promote the "credit+commitment" system of government procurement. For government procurement projects specifically for small and medium-sized enterprises, purchasers and procurement agencies no longer require suppliers to provide relevant financial status, tax payment and social security funds in procurement documents and procurement announcements, but instead adopt the form of commitment letters, which will be publicized together with the bid winning and transaction announcements. Improve the credit repair mechanism during enterprise reorganization, and allow bankrupt enterprises that have been ruled by the people’s court to approve the reorganization plan to apply for adding relevant enterprise reorganization information in the website of Credit China, the national enterprise credit information publicity system and the basic database of financial credit information in a timely manner, and allow them to participate in government procurement projects according to law, and list them in the procurement documents.

　　Establish a joint disciplinary mechanism. Buyers at all levels are required to carry out procurement activities in accordance with internal control according to law, strictly examine the qualifications of suppliers, and establish a joint disciplinary mechanism for those who are untrustworthy. Suppliers in the published list of those who are untrustworthy should be given joint disciplinary action in the field of government procurement. If any supplier who participates in government procurement activities in the name of the consortium is jointly punished, the consortium will be jointly punished.

In recent years, a new round of domestic consumption represented by "new domestic products" has risen in an all-round way, which is inseparable from China’s entry into a high-quality development stage. Generally speaking, new domestic products have entered a new stage of explosive growth, becoming a new engine for upgrading consumption and providing a new path for a high-level dynamic balance between supply and demand in the digital economy era. However, we should also see that the competitiveness of new domestic products in the mid-to high-end market still needs to be improved, the construction of "three products" ("increasing varieties, creating brands and improving quality") needs to be improved urgently, and the market environment and policy support are still not perfect. How to seize the rising opportunity of new domestic consumption and promote the development of domestic brands to a higher level? It is an urgent problem to think about.　

First, new domestic products have entered a new stage of explosive growth.

New domestic products are a series of original brands and old brands that have emerged in China market in recent years. The main goal is to meet the upgrading of residents’ consumption, and digital technology and digital management are the main means. It is a new growth point of consumption with distinctive characteristics of the digital economy era.

(A) Multi-field concurrent, driving the upgrading of household consumption in an increasingly wide range of fields.

The new domestic products cover more and more areas of residents’ daily consumption. In 2020, the top 20 new domestic brands will cover 10 areas of life consumption, such as mobile phones, clothing accessories, smart cars, smart homes, smart hardware, food, drinks, maternal and child, home, beauty and personal care. In 2020, the sales scale of the top 20 brands of new domestic products averaged 22.2 billion yuan, with an average year-on-year growth rate of 229%; The top 100 brands have been established for about 6 years on average, and the average sales scale has reached 5.4 billion yuan.

(B) High-frequency new hair, the leading role in consumer innovation has been highlighted.

The fashion leading force of new domestic products is constantly rising, which has become an important part of "first store economy" and "first economy". According to the survey, there will be more than 390 first-store brands in China in 2020, of which domestic brands (including Hong Kong, Macao and Taiwan) will account for about 70%, up about 10 percentage points from 2019. New domestic products have gradually become the characteristics and highlights of China’s international consumption center city construction. Taking Guangzhou as an example, among the 53 national first stores in 2020, 47 are new domestic products, accounting for 88.7%.

(C) short-term outbreak, the supply capacity to meet the consumption upgrade continued to improve.

Shortening the innovation cycle promotes the continuous improvement of the supply capacity of new domestic products. According to statistics, in 2020, the top 100 brands of new domestic products were basically established within 10 years, with an average of about 3 years. Some brands achieved explosive sales growth in less than 2 years. For example, the brand "Perfect Diary", a new domestic beauty brand established in 2016, achieved sales revenue of over 100 million yuan in the "618" shopping festival in 2021; The revenue growth rate of Yuanqi Forest, an emerging beverage with "0 sugar" as its selling point, will reach 309% in 2020, which is 8 times that of Coca-Cola.

Second, new domestic products have become the new engine for upgrading consumption.

In recent years, in line with the trend and demand of upgrading residents’ consumption, new domestic products have rapidly developed on the basis of the online retail market, and have emerged in all aspects of consumption fields such as clothing, food, housing, transportation and use. Generally speaking, the consumption of new domestic products shows the characteristics of rapid increase in market share, expansion of market incremental contribution and increasingly strong consumption vitality, which injects powerful new kinetic energy into consumption upgrading.

(1) The attention and market share of new domestic products have increased rapidly.

The attention of new domestic products continues to increase, and the market share is rapidly approaching and surpassing international brands. From 2016 to 2021, the attention of domestic products has been completely reversed in five years, and consumers’ attention to domestic products has changed from 10 percentage points lower than that of international brands to 50 percentage points higher than that of international brands (see Figure 1). Take FMCG industry as an example. According to the survey, in 80% market segments, the market share of domestic products exceeds that of international brands. Especially in the online retail market, the consumption of new domestic products is growing faster. In the online retail market in 2019, the market share of new domestic products reached 72%. In some market segments such as home appliances and food, the market share of new domestic products is as high as 80%.

Figure 1 Changes of domestic brands’ attention from 2016 to 2021

Source: Baidu & People’s Daily Online "2021 National Tide Pride Search Big Data Report"

(B) New domestic products have created more consumer market increments.

New domestic products have become an important source of incremental consumption market. According to statistics, in 2018, new domestic products contributed 76% of the growth of China FMCG market, which was 52% higher than that of international brands. In some large-scale e-commerce platforms, the contribution of new domestic products to the market increment is rapidly increasing. Research shows that the contribution of new categories to the market increment reached 44.8% in 2019, an increase of 15.2 percentage points over 2018. In addition, the active consumption of new domestic products has also attracted more social capital investment.

(C) Youth groups pay more attention to the new domestic products, which greatly drive the consumption vitality.

The improvement of China’s comprehensive national strength, the staged victory in epidemic prevention and control, and the achievements in safeguarding national enterprises represented by Huawei have greatly encouraged consumers, especially young people, to feel patriotic and identify with domestic products. In 2020, among the age distributions concerned by "National Tide", the post-80s, post-90s and post-00s accounted for 16.9%, 48.6% and 25.8% respectively, making a total of 91.3%. According to the survey, 90.7% of consumers are more willing to support domestic products, 64.5% will give priority to buying domestic products, 61.4% will pay special attention to whether the brand they choose is domestic products, and 56.7% will persuade their relatives and friends to support domestic products.

Third, new domestic products provide a new path for the dynamic balance between supply and demand in the digital economy era

Behind the rapid development of new domestic consumption is the interactive docking of manufacturing enterprises, brand enterprises and e-commerce platforms in China, which uses digital technology to reconstruct the supply chain of production, circulation and consumption, builds a new development model of accurately identifying demand, efficiently organizing production and quickly docking the market, and walks out of a new path of supply and demand matching and dynamic balance in the digital economy era.

(1) Fully tap the value of big data elements, and accurately understand and tap new demands.

Big data is a new production factor for new domestic products to gain insight into consumption trends, capture consumer demand and create consumer markets. Traditional commercial and retail enterprises focus on traditional factors such as land, manpower and capital, and their ability to use big data production factors is not strong, resulting in inefficient matching between supply and demand. E-commerce platform has become an important market information and consumer intelligence hub in the digital economy era. The innovation and development of new domestic products closely rely on digital channels such as e-commerce platform, social platform and live broadcast. Through the analysis and mining of big data information, we can accurately identify new demand and create new supply, thus constantly discovering new market opportunities. For example, a cutting-edge sparkling wine brand tested 14 new products on 10,000 consumers in four months by using the digital platform, and finally the listed products achieved far more sales than expected.

(B) to build Internet traffic operation capabilities, and quickly spread and connect with new markets.

For a long time, relying on the advantages of capital and experience, international brands seized and controlled the superior commercial circulation channels, and did not open them to domestic brands, resulting in domestic products being at a disadvantage in market competition. As China’s e-commerce market has become the most innovative and largest market in the world, new domestic products have seized the opportunity to establish a mature Internet "traffic" operation capability in the market competition, and created new marketing models that directly reach consumers, including social e-commerce, live broadcast and short video operation, and built new advantages for domestic brands in modern circulation. It is found that some international brands that have withdrawn from the China market in recent years have reserved their marketing departments to learn from China’s digital marketing model.

(C) the construction of a digital supply chain system, efficient coordination and organization of new supply　　　　

Digital supply chain system includes production organization and service innovation. On the one hand, foundries with high-quality manufacturing capabilities accelerate their docking with the domestic market with the help of new domestic products. As an important intermediate link, platform enterprises help foundries to connect brands and consumers, realize digital transformation and improve their ability to respond quickly to market demand. For example, a large-scale e-commerce platform quickly organized production and hatched a number of new domestic brands in response to the consumption boom of "small household appliances" such as "one-person food". Last year, the sales volume during the epidemic increased by 5-20 times compared with the same period of last year. On the other hand, the connotation of digital services supporting the development of new domestic products is constantly innovating and expanding. For example, the number of multi-channel network (MCN) organizations providing integrated digital services has rapidly developed from 160 in 2015 to more than 20,000 in 2020, which has helped the "online celebrity economy" to grow and develop. The digital supply chain system has changed the development mode of low-price competition in the past, supported new domestic products to move towards the high end of the value chain and quickly seize the middle and high-end market share. According to statistics, in 2020, the market share of new domestic products will reach 24.2%, 30.9%, 51.9%, 46.7% and 41.9% for the mid-to high-end products in the online market segments such as household appliances, food, medical care, culture and entertainment, and 3C digital products.

Fourth, the problems and obstacles faced by the development of new domestic products

New domestic products are still in the early stage of development, and the competitiveness of high-end markets at home and abroad still has much room for improvement. The ability to build "three products" is insufficient, the market environment and policy support are still not perfect, and sustainable development and lasting operation still need to be tested.

(A) the competitiveness of new domestic products in high-end markets at home and abroad is still insufficient.

At present, except for some fields such as food and beverage, cosmetics and clothing, the international competitiveness of new domestic products is still not strong in areas such as milk powder, luxury goods, high-end electronic products, health care products, etc., where the threshold for R&D investment is high and consumers demand higher, and there is still a large-scale consumption outflow every year. In addition, the recognition of new domestic products in some fields in the domestic market is not high. From the sales situation of the two e-commerce shopping festivals of "double 11" and "618" in the past two years, among the top 20 brands in cosmetics sales, new domestic products only account for 3; There are no new domestic products in the top 10 brands of milk powder. For some new domestic products whose quality is close to the international first line, there is still a big gap in investment in product research and development, brand management and human capital accumulation, especially in the construction of design talents, marketing talents and operation talents.

(B) New domestic products "three products" building capacity needs to be improved

There is still a big gap between the development of new domestic products and the international advanced level in the construction of "variety, quality and brand", and the effective supply capacity and level are still difficult to fully meet and fully adapt to the needs of consumption upgrading. In terms of varieties, large-scale enterprises lead the product design innovation, and a large number of small and medium-sized enterprises follow the imitation, and the original ability needs to be strengthened. In terms of quality, the foundry has formed a strong path dependence on OEM production and processing trade mode, and the release of manufacturing capacity to the domestic market is still insufficient; The concept of "small profits but quick turnover" and the self-positioning of "big brand replacement" of domestic brands are still deeply rooted. Some brands regard the national tide as a gimmick and ignore the improvement of quality connotation. On the brand, the marketing mode is mainly "explosive" marketing, lacking the long-term planning of building the overall image of the brand. Some brands rely too much on the domestic market and lack the awareness, vision and confidence of international development. In addition, the disorderly expansion and blind follow-up of capital have also contributed to short-sighted behaviors such as low-price competition and false propaganda.

(C) the market environment to promote healthy competition needs to be improved.

Small and medium-sized enterprises are the main players in the market of new domestic products, which are prone to low-level competition and unfair competition such as shoddy and false propaganda. For new brands and products, there is a problem of "one product is hot, and thousands of people copy it", so the protection of intellectual property rights and trade secrets needs to be strengthened urgently. The technical standard system lags behind the product production iteration, and some cross-border products lack relevant technical standards formulated by relevant departments and associations. The profit of some enterprises’ new products dropped from 80% to 10% within one year, which affected the continuous innovation power of enterprises. Due to the fast iterative speed of updating new domestic products, the accumulation of business information and credit information of enterprises is relatively insufficient, and the supervision cost is relatively high. At the same time, due to the rapid innovation of online marketing model, there are still a lot of regulatory gaps in the fields of live delivery and social e-commerce, and the collaborative governance model of government departments, platforms, industry associations and consumers is far from being established. Once the quality and food safety risks of "explosive models" appear, they will spread rapidly and widely, which will greatly impact consumer confidence.

(D) insufficient policy synergy to support the development of new domestic products

Globally, in order to support domestic brands to become bigger and stronger and go global, governments all over the world attach great importance to planning systematic policies covering production, circulation and consumption. Take South Korea as an example. In order to promote Korean local perfumes and cosmetics, the South Korean government requires duty-free shops to sell domestic cosmetics in at least one third of the area. At present, cosmetics account for over 50% of the total sales of duty-free shops in South Korea, and domestic cosmetics account for half of the total sales of cosmetics. At the same time, the South Korean government issued a cultural industry development plan, and implanted the brand into film and television cultural works, forming a good publicity and driving role. China doesn’t give much consideration to new domestic products in the planning of cultural tourism, activity promotion and business development, and the efforts to support domestic products by using the tax-free policy system are not strong.　

V. Policy suggestions

(A) to speed up the implementation of the "three products" upgrade strategy to enhance the quality of new domestic products.

On the basis of the original "three products" policy, we will implement the "three products" upgrade strategy, guide market participants to enhance the added value and soft power of products, and promote the "quality revolution." We will build a number of high-level laboratories for quality control and technical evaluation of consumer goods, accelerate the development of third-party quality inspection and certification services, and explore the establishment of a special certification system for quality traceability management systems. Strengthen competition behavior supervision, food safety supervision and quality supervision of new channels such as live e-commerce and social e-commerce. Improve the construction of relevant standards system for new domestic products, and promote the quality improvement and standardized development of domestic products.

(2) Accelerate the construction of an international consumption center city and create a number of world-renowned new domestic brands.

Take the brand of new domestic products as the focus of starting economy and first store economy, and form a benign mutual promotion between new domestic products and the development of international consumption center cities. Support domestic brands to enter world-class business circles, create new consumption scenes of domestic products in the upgrading of commercial streets, organize a series of distinctive new domestic products consumption promotion activities, and create a good domestic products business infrastructure and consumption atmosphere. Promote the integrated development of new domestic consumption and cultural tourism, and enhance the regional cultural characteristics and cultural connotation of new domestic brands.

(3) Actively explore the innovation of fiscal and taxation policies and enhance the incentives for the innovation and development of new domestic products.

Support domestic products to enter the duty-free retail market, encourage duty-free shops to sell more domestic brands, guide relevant enterprises to develop high-quality domestic products with special characteristics for duty-free channels, and build duty-free shops into an important platform to support domestic products, display their own brands and spread national traditional culture.

(4) Support new domestic products to go to sea and encourage new domestic products to continuously expand market space.

Support new domestic products to carry out cross-border e-commerce cooperation, lay out overseas warehouses, expand overseas supply chains, and promote the supervision mode of cross-border e-commerce enterprises exporting directly to enterprises and cross-border e-commerce exporting overseas warehouses to be applied nationwide. Support new domestic enterprises to cooperate with international brand enterprises in the form of equity participation, stock exchange and mergers and acquisitions, and improve the international operation ability of domestic brands. Strengthen the application of international law and enhance the ability to use international rules to safeguard the legitimate rights and interests of domestic brands in overseas operations.

(5) Strengthen publicity and support to promote the enthusiasm of "domestic consumption".

Set up the promotion content of new domestic products in publicity platforms such as "Double-product Shopping Festival" and "China Brand Day". Carry out a series of reports on domestic brands through multiple channels, introduce the development of various categories of domestic products, highlight the quality of domestic products, convey the spirit of domestic products, unite the brand identity of the people who love domestic products, and empower the brand building of domestic products. Analyze and tell the charm and advantages of "domestic products" from the perspective of the younger generation, improve consumers’ awareness and loyalty to their own brands, and enhance the pride of the people in buying new domestic products.

(The authors Wang Nian and Li Hanqing are both associate researchers of the Institute of Market Economy of the State Council Development Research Center, Su Nuoya is an assistant researcher of the Institute of Market Economy of the State Council Development Research Center, and Wei Wang is the director and researcher of the Institute of Market Economy of the State Council Development Research Center).