The State Council on relaxing the authority for examination and approval of fixed assets investment

And simplify the examination and approval procedures.

Guofa [1987〕23number

People’s governments of all provinces, autonomous regions and municipalities directly under the Central Government, ministries and commissions and institutions directly under the State Council:

At present, in the management of fixed assets investment, the examination and approval authority is too centralized, and the procedures are very complicated, so it is difficult to distinguish the responsibilities when problems arise. The fundamental solution to these problems depends on the reform of the economic and political system. At present, under the premise of strengthening macro-management and strictly controlling the scale of investment in fixed assets, we should further simplify administration and decentralization, relax examination and approval authority and simplify examination and approval procedures. After the authority of departments, localities and enterprises in fixed assets investment is expanded, they must bear the responsibilities and risks of investment decision accordingly, and regularly feed back relevant information to the higher authorities and accept the guidance and supervision of the higher authorities. All departments and localities should earnestly do a good job in demand forecasting, carefully formulate industry and local development plans, strive to do a good job in comprehensive balance, control investment scale, guide capital investment, adjust investment structure, and improve investment efficiency. The relevant specific measures are hereby notified as follows:

First, relax examination and approval authority and simplify examination and approval procedures

(a) coal, petroleum, petrochemical, metallurgical (steel), non-ferrous metals, railways and electric power seven contracting departments.

oneWhere large and medium-sized capital construction projects, preparatory projects and technical transformation projects above designated size have been included in the "Seventh Five-Year Plan" of the state, the project proposal is still approved by the State Planning Commission; If the design task book has not been approved, it shall be approved by all contracting departments within the total amount of capital construction investment and technical transformation investment determined in the national "Seventh Five-Year Plan" and reported to the State Planning Commission (technical transformation projects shall also be reported to the State Economic Commission) for the record. The external cooperation and cooperation conditions of construction projects (including the supply of energy and raw materials and the arrangement of transportation capacity, etc.) and the bank loans needed for technical transformation projects are all implemented by the contracting departments themselves. The state’s "Seventh Five-Year Plan" construction projects need to increase investment and projects need to increase investment outside the plan. All contracting departments can adjust between projects or raise funds by themselves, and the state will no longer increase investment. Departments raise funds to increase projects by themselves, which should be reported to the state for the record.

If the investment in construction projects and external conditions such as energy, transportation and raw materials are not implemented, the contracting department can cut new projects and postpone the progress of some construction projects on its own; Where the impact of the "Seventh Five-Year Plan" input-output contract tasks and new production capacity plans should be reported to the State Council for approval.

The examination and approval of the project proposal and design task book (feasibility study report) of large and medium-sized capital construction projects listed in the preliminary work plan of the seventh five-year plan and mainly built during the eighth five-year plan period shall still be carried out according to the original provisions.

2When arranging the annual plans for capital construction and technological transformation, all contracting departments can make independent arrangements for investment in all capital construction projects and technological transformation projects in accordance with the construction projects, new production capacity, input-output contracting tasks and other construction requirements stipulated in the seventh five-year plan of the state, within the annual planned investment scale of sub-capital channels approved by the state. Among them, large and medium-sized capital construction projects and technical transformation projects above designated size are included in the national annual plan after comprehensive balance and audit by the State Planning Commission according to the requirements of system engineering. All contracting departments should make more arrangements to expand the production capacity of short-term products in this industry and give full play to the production potential of existing enterprises, and reduce non-productive construction and other construction; For the key construction projects of this department or other departments, the urgently needed supporting projects and their investments must be carefully arranged. New large and medium-sized capital construction projects should be strictly controlled.

threeIn the implementation of the annual plan, in order to speed up the progress of key construction projects and increase the production capacity of short-term products, all contracting departments need to adjust their investment between projects, which can be adjusted according to the funding channels; Need to increase investment, can raise funds by itself, by the State Planning Commission approved by the State Council, plus investment plan indicators.

(2) Non-contracting departments

oneThe examination and approval authority of large and medium-sized capital construction projects and technical transformation projects above designated size shall be implemented in accordance with the original provisions.

2In the arrangement of the annual plan, large and medium-sized capital construction projects and technical transformation projects above designated size shall be invested by the State Planning Commission according to the projects; Small capital construction projects and technical transformation projects below the quota shall be arranged by the departments themselves within the total investment scale approved by the State Planning Commission.

If both capital construction investment and technological transformation funds are used in reconstruction and expansion projects, enterprises can bundle the two funds together, but they should be included in the investment plans of capital construction and technological transformation respectively, and make statistics respectively.

threeIn the implementation of the annual plan, in order to ensure the investment required for large and medium-sized capital construction projects planned to be put into production and organized for construction according to a reasonable time limit, departments can adjust investment between large and medium-sized projects according to capital channels without reporting to the State Planning Commission for approval. Investment in technological transformation, after ensuring the investment required by the key projects supported by the state, the department can adjust the investment between projects according to the funding channels.

(3) Local projects

oneLarge and medium-sized capital construction projects of local universities, hospitals and other cultural, educational and health undertakings arranged by local investment, their project proposals and design task books are no longer reported to the State Planning Commission for examination and approval, but are instead examined and approved by the planning commissions of provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans; At the same time, send a copy to the State Planning Commission and relevant departments for the record.

2In the arrangement of the annual plan, the capital construction investment of local large and medium-sized projects and small projects shall be independently arranged by the local government within the investment scale approved by the state according to the investment direction and investment policy determined by the state. In the arrangement, we should pay attention to strengthening the construction of agriculture, energy, transportation and raw materials industries, reducing the construction of general processing industries and unproductive ones, and strictly controlling the construction of office buildings, hotels and various "centers", rest homes and "streets". The key construction funds for energy and transportation that are retained by local governments must be used for energy and transportation construction in accordance with state regulations and shall not be used for other purposes.

Investment in technical transformation projects below the quota shall be arranged by the local authorities independently within the investment scale approved by the state. In the arrangement, we should pay attention to adjusting the investment structure and increasing the proportion of investment in energy, transportation and raw material industries; Increase investment in improving product quality, reducing energy and raw material consumption, strengthening comprehensive utilization, and reducing investment in general processing industry; Do not engage in long-term products and projects with high consumption and backward technology.

(four) large-scale joint ventures and capital construction group projects with separate plans.

oneCapital construction projects, technological transformation projects and capital construction group projects of large-scale joint ventures, where the design task book or master plan has been reviewed and approved by the State Council or the State Planning Commission, individual projects will not be submitted for approval within the scope of the total investment approved by the state, and will be handled by enterprises or groups themselves and reported to the State Planning Commission, relevant departments and relevant places for the record. However, projects using foreign exchange and foreign capital borrowed by the state as well as projects designated by the state still need to be submitted for approval according to regulations.

2In the annual plan, the single project investment of large-scale joint ventures and group projects shall be arranged independently by the enterprises or groups within the investment scale of capital construction and technological transformation determined by the national "Seventh Five-Year Plan" and annual plans.

threeLarge and medium-sized key enterprises supported by the state, the approval of individual projects of their basic construction projects and technological transformation projects and the arrangement of annual investment can be handled by referring to the above provisions.

(V) Horizontal joint investment projects

For large and medium-sized capital construction projects with horizontal joint investment by enterprises, where the funds are raised by themselves, the energy, raw materials, equipment, production, supply and marketing, power and transportation capacity after commissioning can be implemented by themselves, and contracts have been signed with relevant departments, localities and enterprises, which do not require state arrangements, the State Planning Commission is only responsible for examining and approving project proposals; Its design task book, preliminary design, etc., are approved by the relevant departments or the relevant provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan (the Project Construction Committee), with a copy to the State Planning Commission and relevant departments for the record. When to start construction is determined by the state in its annual plan. The examination and approval procedures for small-scale projects shall be determined by various departments or the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government.

Second, improve the management of technological transformation projects

(a) the proportion of special loans for technological transformation directly arranged by the state in the total loan scale is gradually reduced, and the task of technological transformation and the loan period should be clearly defined, and the loans should be used intensively.

(II) For technical transformation projects above designated size, the project proposal and design task book (feasibility study report) shall be examined by the State Planning Commission in conjunction with the State Economic and Trade Commission, and approved by the State Planning Commission, which will generally not be countersigned.

(3) For the technological transformation of large and medium-sized key enterprises and enterprise groups supported by the state, the State Economic Commission shall, according to the medium and long-term plan of the state, organize the centralized departments of industries and local classification to formulate transformation plans. All departments and localities should organize enterprises to formulate overall transformation plans, in which the planned total investment is above the quota, which shall be examined and approved by the State Planning Commission in conjunction with the State Economic Commission. Where the planned total investment is below the quota, the examination and approval authority shall be determined by the local authorities and departments themselves.

(four) the technical transformation projects below the quota, within the scale of the departmental and local technical transformation investment plans, are determined by the enterprises themselves if they can raise funds by themselves, implement various matching conditions and meet the relevant provisions of the state.

Three, adjust the quota of construction projects in some industries

The quota of large and medium-sized capital construction projects, according to the construction scale (completed production capacity), is still unchanged according to the original provisions; According to the amount of investment, the industrial projects of energy, transportation and raw materials increased from 30 million yuan to 50 million yuan. The limit of total investment for technical transformation projects, energy, transportation and raw material industry projects will be raised from 30 million yuan to 50 million yuan. The limits of capital construction projects and technological transformation projects in other industries shall still be implemented according to the original provisions.

Capital construction projects and technological transformation projects with a total investment below the quota of 20 million yuan or more shall be reported to the State Planning Commission (technical transformation projects shall also be reported to the State Economic Commission) for the record after examination and approval by departments or localities, so as to keep abreast of the changes and adjustments in the investment structure.

Four, shorten the examination and approval time, improve efficiency.

(a) the project reporting unit to submit the project proposal and design task book (feasibility study report) must contact all relevant parties in advance to implement various construction conditions (including fund raising, supply of electricity, fuel and raw materials needed for construction and production, cooperation of external transportation, etc.), and submit all the submitted documents and materials. For the application documents with incomplete information, inaccuracy or non-compliance with the specified requirements, the state organ in charge of examination and approval shall, within 15 days, notify the applicant to supplement the contents that need to be supplemented or return the original to the applicant for re-submission. If the applicant practices fraud or forges information and data, thus causing losses to the project construction, it shall bear the economic and administrative responsibilities.

(II) In order to reduce the round-trip turnover of documents, the project proposal and design task book (feasibility study report) of large and medium-sized capital construction projects and technical transformation projects above designated size declared by local authorities shall be submitted to the State Planning Commission (technical transformation projects shall be submitted to the State Economic Commission at the same time) and submitted to all relevant departments; Other projects are mainly reported to the industry centralized department, which puts forward the review opinions and then submits them to the State Planning Commission (technical transformation projects are also submitted to the State Economic Commission) for approval.

(three) the State Planning Commission in the examination and approval of the project proposal, at the same time to determine the consulting company commissioned evaluation. In the process of preparing the design task book (feasibility study report) and preliminary design, the project applicant should absorb the consulting company entrusted by the State Planning Commission to participate.

(four) when examining and approving projects, the relevant competent departments should adopt different examination and approval methods according to different enterprises, projects and sources of funds, so as to minimize the examination and approval links and shorten the examination and approval time. Projects that need to be reviewed by several units in a department shall be approved by the organizer in the form of joint office; For projects that need to be reviewed and countersigned by several departments, the sponsoring department shall be responsible for consulting and contacting the relevant departments, urging them to implement them, or adopting the way of centralized joint examination led by the sponsoring department to examine and countersign them. For the problems that can’t be solved by the person in charge of the sponsoring department who has different opinions, the sponsoring department shall report them to the State Council for ruling.

(five) the people’s governments of all provinces, autonomous regions and municipalities directly under the central government and their relevant departments should also improve the management of fixed assets investment, simplify the examination and approval procedures and improve work efficiency in accordance with the spirit of this circular.

　　　　　　　　　　　　　　　　　　　　　　　　country affair courtyard

　　　　March 30, 1987

Original title: More than 100 events in three series, such as "Book Fair for the New Year", appeared in Beijing, and the book-like feast warmed people’s hearts.

A book market is set up on the second floor of Beijing West Railway Station, which is convenient for passengers to bring books to read on the road. (An Xudong photo)

　　The Spring Festival in the Year of the Loong is approaching. With the theme of "Reading and Enjoying the New Year in Beijing", Beijing has carefully organized and launched more than 100 events in three series, namely, "Celebrating the New Year in the Scholarly Market", "Celebrating the New Year in the Scholarly Travel" and "Celebrating the New Year in the Scholarly Cloud", and prepared a feast for the general public and tourists. On February 7th, I visited Beijing West Railway Station, Wangfujing Pedestrian Street, Beijing Book Building and Liulichang Store of China Bookstore, and felt the strong fragrance of books.

　　On the second floor of Beijing West Railway Station, people are coming and going, and the book market of "Reading and Enjoying the New Year in Beijing" is full of joy and kindness, which makes everyone stop. It is the first time to open a book market in Beijing West Railway Station. Wangfujing Bookstore has prepared more than 1,000 kinds of books and cultural and creative products for this purpose. Here are the top books on the book charts, such as Alive, One Hundred Years of Solitude, Red Rock, etc., and excellent literary works published in recent years, such as Baoshui, Jiashan and Golden Ruins, as well as books that highlight Beijing cultural elements, such as the series of Beijing Cultural Books, etc., and popular reading materials that children like are indispensable. Du Juan, deputy general manager of Wangfujing Bookstore, said: "Wangfujing Bookstore combines the characteristics of Spring Festival travel rush to plan the activity of" bringing a book to children in hometown ",and readers can enjoy 60% discount and free postage service when purchasing books.

　　The book market also set up a public reading activity desk, and the Beijing Newspaper Distribution Bureau distributed free electronic or paper reading materials and Spring Festival gifts to passengers, and presented free online reading cards. Periodicals such as chinese national geography and China Newsweek, as well as newspapers such as Beijing Daily and Beijing Youth Daily, can be collected for free. The newspaper distribution bureau has also prepared 20,000 reading aid cards. Passengers can enter the password to activate the reading cards, and they can read more than 200 kinds of electronic periodicals on the "China Post Reading" APP for free within 40 days.

　　It is understood that the management committee of key stations in Beijing, taking advantage of the traffic resources of the stations, joined forces with Beijing Publishing Group and Beijing Newspaper Publishing Bureau to launch the book market of "Reading and Enjoying the New Year" in Beijing West Railway Station and Beijing Chaoyang Station from the first day of Spring Festival travel rush (January 26th) to the Spring Festival (February 8th).

　　Come to Wangfujing Bookstore on Wangfujing Pedestrian Street. In the sunshine, people buy books, punch cards and collect chapters, and choose cultural creations here, which is a happy atmosphere. With the theme of "Lighting Reading, Warming Winter", Wangfujing Shuxiang Market has linked seven bookstores including China Bookstore, Foreign Language Bookstore and Beijing Book Building, and provided citizens with a series of activities, such as book sales, exhibitions and exhibitions, and experience in restoring ancient books. An Liang, assistant general manager of the foreign language bookstore, said that the book fair originally lasted for one month and ended on January 31. Because it was loved by readers, it was specially extended to April 10. To this end, major bookstores have increased holiday stocking, festive lanterns have been hung high, and readers’ favorite the Year of the Loong seal is waiting for everyone’s arrival.

　　In Beijing Book Building, a 18-meter-long "Gankun Ruilong" hanging in the shared space has an extraordinary momentum, which means that the dragon is auspicious and auspicious. On the first floor, holiday exhibitions and decorations are arranged around "the taste of the year in memory", and an immersive interactive experience area of "the taste of the year" is created in the form of "books+".In addition to a large number of carefully selected new books and good books, there are also concentrated exhibitions of Beijing culture, folk culture, new year gifts and other products. Xu Shen, deputy general manager of Beijing Book Building, said that the building extended its business on New Year’s Eve until 1 am on the first day of the first month, and it was open from the first day to the seventh day until 12 pm that day. "On New Year’s Eve, readers can come to watch the Spring Festival Gala, eat jiaozi, and participate in recreational activities such as solve riddles on the lanterns and throwing pots."

　　In the Liulichang store of China Bookstore, readers are beaming and come to buy books and the cultural and creative products of Dragon Elements. Liu Yichen, manager of Liulichang Store of China Bookstore, said that nearly 10 stores under the China Bookstore have integrated online and offline exhibitions of "Old Books and New Knowledge", including more than 10 kinds of old books such as epigraphy, edition of old books and classic comic books. In order to meet the needs of readers, China Bookstore has sorted out nearly 10,000 kinds of old books. (Lu Yanxia)

　　In the first three quarters of this year, China’s total import and export value was 31.11 trillion yuan, an increase of 9.9% over the same period last year. Facing the complicated and severe domestic and international situation and the impact of multiple unexpected factors, China’s foreign trade once again shows strong resilience and vitality. Recently, the implementation effect of various economic stabilization policies has gradually emerged, which will further promote the steady growth of foreign trade.

　　The policy of stabilizing foreign trade has achieved good results

　　Since the beginning of this year, the CPC Central Committee and the State Council have made timely arrangements to create favorable conditions for the goal of maintaining stability and improving quality in foreign trade. A series of policies and measures to stabilize the economy and foreign trade have achieved good results. The steady growth of foreign trade in the first three quarters has also made positive contributions to the sustained and stable development of China’s macro-economy.

　　The data shows that the net export of goods and services contributed 32% to economic growth in the first three quarters, driving GDP growth by 1 percentage point. Ni Yueju, a researcher at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, believes that such achievements in foreign trade are mainly due to high-quality development and high-level opening up.

　　Affected by geopolitical conflicts, COVID-19 epidemic and high inflation in major western countries, the growth rate of global trade in goods slowed down in the second quarter of this year. "Although China’s foreign trade has been affected to some extent, it still maintains a steady growth trend and shows strong resilience." Zhu Caihua, a professor at the Institute of International Economics of the University of International Business and Economics, said.

　　The high-quality development of foreign trade has achieved remarkable results, and the competitiveness of high value-added and high-tech products is constantly emerging. In the first three quarters, the export of mechanical and electrical products was 10.04 trillion yuan, up 10%, accounting for 56.8% of the total export value. "Automobile exports have sprung up, with a growth rate of 67.1%, and the export of new energy vehicles has more than doubled." Ni Yueju said that the automobile industry is an intermediate industry to promote the development of high technology in the world, and automobile products are a platform for carrying and applying various high technologies. "The rapid growth of automobile exports shows that the overall international competitiveness of China’s manufacturing industry has increased."

　　At the same time, the high-level opening-up policy has achieved remarkable results. ASEAN continues to be China’s largest trading partner. In the first three quarters, the total trade value between China and ASEAN was 4.7 trillion yuan, an increase of 15.2%. "China has strong resilience in the industrial chain supply chain, especially the high-quality implementation of RCEP has enhanced the stability of the regional industrial chain supply chain." Yan Caihua said. In addition, in the first three quarters, the proportion of trade between China and countries along the Belt and Road has risen to 32.3%, and the diversified development of the international market has achieved positive results. "This is also a key factor to support the stable development of foreign trade in the future." Ni Yueju said.

　　Cross-border e-commerce still has potential to be tapped.

　　Cross-border e-commerce and other new formats and new models are the effective force of foreign trade development and an important trend of international trade development.

　　Since the beginning of this year, new foreign trade formats and new models such as cross-border e-commerce have developed steadily. In the first three quarters, Zhejiang enterprises exported 79.3 billion yuan through the customs cross-border e-commerce management platform, an increase of 1.5 times; The import and export of Jiangxi enterprises through the customs cross-border e-commerce management platform increased by 2.4 times year-on-year; On the basis of exceeding 300 billion yuan, the total import and export volume of cross-border e-commerce in Guangdong has achieved full coverage in the province, ranking first in the country.

　　In the first three quarters, the total export volume of Jiangxi Haitao cross-border e-commerce industrial park in Jiangxi Jiujiang Economic Development Zone exceeded last year. Zhu Cheng, chairman of Jiangxi Bichuang cross-border electronic commerce Co., Ltd., said that cross-border e-commerce is welcoming unprecedented development opportunities. In addition to the rapid growth of mature consumer markets such as Europe and the United States, markets such as Southeast Asia, South America and the Middle East are rising rapidly. "In particular, the implementation of RCEP has brought new momentum to the development of cross-border e-commerce".

　　"Cross-border e-commerce is not only a new format and new model for foreign trade development, but also a new kinetic energy for stabilizing foreign trade. After more than 10 years of development, there is still potential to be tapped in the future. " Yan Caihua said. At the international level, it is necessary to strengthen cooperation with relevant countries in the field of e-commerce. At present, China has signed memorandums of understanding with 16 countries on "Digital Silk Road" cooperation, and established bilateral cooperation mechanisms for "Silk Road E-commerce" with 24 countries, China — Central and Eastern European countries, China — Positive progress has been made in the construction of e-commerce cooperation and dialogue mechanisms among the five Central Asian countries. At the national level, it is necessary to continue to push the customs, taxation, finance and other departments to deepen the reform of the system and mechanism, innovate the supervision mode, and provide more reform dividends for the convenient development of cross-border e-commerce. At the enterprise level, we should actively use new technologies and invest in new models, especially to increase the investment and construction of "overseas warehouses" and accelerate the digital transformation of enterprises.

　　At present, the slowdown of external demand growth has become the biggest uncertainty facing the development of foreign trade. Ni Yueju said that if cross-border e-commerce companies want to gain a foothold in the increasingly competitive international market, they must "deeply cultivate" brands and channels. Brand power has become the core competitiveness of cross-border e-commerce sellers in the future, and brands are based on high-quality products. Therefore, higher quality and more integrity are the magic weapons for cross-border e-commerce.

　　It is understood that in order to give full play to the potential of cross-border e-commerce, the 132nd Canton Fair continues to carry out synchronous activities with 132 cross-border e-commerce comprehensive experimental zones and 5 cross-border e-commerce platforms, and provides services such as freight forwarding, finance and credit insurance online. "We will continue to guide various cross-border e-commerce comprehensive experimental zones, cultivate a number of key enterprises and well-known brands, and fully tap the advantages and potential of cross-border e-commerce." Wang Shouwen, international trade negotiator and vice minister of the Ministry of Commerce, said.

　　The effect of afterloading on uncertainty

　　At present, the uncertainty faced by foreign trade is increasing, and the pressure to maintain steady growth of imports and exports is increasing. It is still necessary to further increase efficiency and stabilize foreign trade growth through policy measures.

　　"It is necessary to ensure that the stable foreign trade policy that has been introduced will be effective as soon as possible, support foreign trade enterprises to ensure production and compliance, smooth the channels for foreign trade enterprises to seize orders, and cultivate new modes and new growth points of foreign trade." Liu Jianying, an associate researcher at the Foreign Trade Research Institute of the Ministry of Commerce, said.

　　Keeping the main body of foreign trade market is one of the most urgent tasks to stabilize foreign trade. Ni Yueju said: "We should take grasping orders as the starting point of protecting the main body and help foreign trade enterprises, especially small and medium-sized enterprises, tide over the difficulties."

　　Report to the 20th CPC National Congress of the Communist Party of China proposed to promote the optimization and upgrading of trade in goods, innovate the development mechanism of service trade, develop digital trade, and accelerate the construction of a trade power. Zhao Ping, vice president of the Research Institute of the China Council for the Promotion of International Trade, believes that accelerating the construction of a strong trading country should continue to exert its strength in three aspects: First, the international competitiveness of trading partners is stronger; Second, the development of trade entities is more resilient; Third, the international discourse power of trade rules is stronger.

　　Experts said that in recent years, China’s foreign trade import and export structure has changed from labor-intensive products to high-tech value-added products. In the future, under the strategy of innovation-driven development, we will continue to enhance the capability of independent innovation, shape new kinetic energy and advantages of foreign trade development, optimize the structure of trade in goods, improve the level of trade digitalization, promote the integration of domestic and foreign trade, and promote the coordinated development of trade in goods and services. At the same time, by promoting high-level opening to the outside world and steadily expanding institutional opening such as rules, regulations, management and standards, more opportunities will be created for enterprises all over the world.

Information picture

In July, 2023, polymyxin B sulfate for injection, an exclusive drug produced by a subsidiary of Shanghai Pharmaceutical Group, suddenly announced that it had dropped from 2,303 yuan/branch to 270 yuan/branch, with a drop of nearly 90%, which attracted the attention of the industry.

The reporter learned from official website, State Administration of Market Supervision, that the decision of administrative punishment on the case of abuse of market dominance by four companies, such as Shanghai Shangyao No.1 Biochemical Pharmaceutical Co., Ltd., was recently released. According to the decision, in July 2023, the Shanghai Municipal Market Supervision Administration initiated an investigation into the abuse of market dominance by four companies, including SAIC Biochemical. In December 2023, Shanghai Municipal Market Supervision Administration made an administrative punishment decision on this case according to law. The punishment decision shows that during the period from December 2017 to June 2023, four pharmaceutical companies abused the dominant position in the market of polymyxin B sulfate for injection in China, and implemented the behavior of selling preparations at unfairly high prices, which excluded and restricted market competition and harmed the interests of patients and social public interests.

Well-known anti-monopoly law experts pointed out in an interview that the above four companies were fined 1.219 billion yuan for violating the Anti-monopoly Law of the People’s Republic of China, which is the case with the largest amount of anti-monopoly punishment in the pharmaceutical field at present.

Monopolize the API market

Polymyxin B sulfate for injection plays an important role in the treatment of carbapenem-resistant gram-negative bacteria infection, which is highly dependent on hospitals and patients and difficult to be replaced by other drugs. Before 2017, no domestic company produced its raw materials and medicines and needed to import them from abroad.

According to the circular of the State Administration of Market Supervision, three private pharmaceutical companies, Wuhan Huihai Pharmaceutical Co., Ltd., Wuhan Kede Pharmaceutical Co., Ltd. and Hubei Minkang Pharmaceutical Co., Ltd., and the state-owned pharmaceutical company Shanghai Pharmaceutical Group Shangyao No.1 Biochemical Pharmaceutical Co., Ltd., abused the dominant position in the market of polymyxin B sulfate for injection in China and implemented the act of selling preparations at unfair high prices.

Wuhan Huihai, Wuhan Kede and Minkang Pharmaceutical (collectively referred to as Wuhan Huihai) have the same actual controlling shareholders, confused personnel and office locations, unified decision-making, division of labor and cooperation, jointly implemented the acts involved, and shared monopoly profits.

In order to introduce and control its raw materials, in 2010, Wuhan Huihai signed an agreement with Danish Yaseli Company to become the agent of Danish Yaseli China market. Since 2016, Wuhan Huihai has given the sales manager of Danish Yaseli China a benefit fee, asking him not to sell the API to other enterprises, thus controlling the supply of the whole API in China market.

On the other hand, Wuhan Huihai is busy looking for manufacturers. Because only the drug is qualified for production in China, it has not been put into production. Wuhan Huihaisui reached a cooperation intention with Shanghai Pharmaceutical Biochemical Co., Ltd. to supply raw materials to Shanghai Pharmaceutical Biochemical Co., Ltd., which was responsible for drug declaration and production, and granted exclusive distribution rights to its preparations, from which Shanghai Pharmaceutical Biochemical collected processing fees. Shanghai Pharmaceutical Biochemical applied for production qualification, and obtained the production approval from the Food and Drug Administration in 2017, becoming the only production enterprise in China.

According to the Shanghai Municipal Market Supervision Bureau, operators must first have APIs for R&D and production when entering the market, while Wuhan Huihai controls the supply of APIs in the China market, so it is difficult for other operators to obtain APIs. It is reported that this is the second time that Wuhan Huihai was punished by pharmaceutical antitrust in 2023. In May 2023, the State Administration of Market Supervision fined him 4,126,800 yuan. Wuhan Huihai Pharmaceutical Co., Ltd. was established in 2003 with a registered capital of 3 million yuan, and its legal representative is Li Meilin.

Conspire to earn excess profits

Shanghai Pharmaceutical Biochemical Co., Ltd. belongs to Shanghai Pharmaceutical Group, with total assets of 800 million yuan and registered capital of 225 million yuan.

When Wuhan Huihai signed a cooperation agreement with Shanghai Pharmaceutical Biochemical Co., Ltd., it was agreed that when bidding for preparations, the two sides would negotiate and communicate on matters such as bidding price and distributors, and jointly agree on bidding matters. According to the rules of drug sales, Shanghai Pharmaceuticals Biochemistry came forward to connect with the drug recruitment departments of all provinces in the country, made online quotations, and invoiced and sold them to circulation enterprises according to the instructions of Wuhan Huihai to obtain the sales income of preparations.

As the only operator who sells the drug, Shangyao Biochemical has the ability to influence and determine the key trading conditions such as sales price and sales quantity. The price of the drug was 2303 yuan/piece in Fujian province for the first time, and then it reached 2918 yuan/piece in Shanghai. Since then, the provinces have hung up their nets one after another, and the prices are mostly 2303 yuan/branch to 2918 yuan/branch. According to the instructions of Wuhan Huihai, Shanghai Pharmaceutical Biochemical Co., Ltd. supplies the goods to the circulation enterprises after deducting the distribution fee according to the hanging price.

In 2016, the state began to implement the "two-vote system" policy, that is, drugs are invoiced once from the production enterprise to the circulation enterprise and once from the circulation enterprise to the medical institution, with the aim of reducing the circulation of drugs and lowering the price of drugs. Limited by the "two-vote system", Wuhan Huihai can’t directly obtain the monopoly profit of preparation sales by buying low and selling high. To this end, Wuhan Huihai, with the cooperation of Shanghai Pharmaceutical Biochemical Co., Ltd., obtained monopoly profits from the raw materials link by inflating the sales price of raw materials.

Due to the large amount of payment for raw materials, Wuhan Huihai arranged for 38 pharmaceutical companies in Hubei and Jiangxi to increase prices step by step, and gradually pushed up the import price of raw materials purchased from Danish Yaseli Company from 73 yuan/g to 94 yuan/g to 18,000 yuan/g to 35,000 yuan/g, and sold them to Shanghai Pharmaceutical Biochemical Company to produce preparations, from which profits were made. This creates the illusion that the high drug price is due to the high drug price of raw materials.

Drive up drug prices for nearly six consecutive years.

According to the Shanghai Municipal Market Supervision Bureau, in 2022 alone, the illegal income of Wuhan Huihai was 610 million yuan, and that of Shanghai Pharmaceutical was 330 million yuan. The biochemical behavior of Wuhan Huihai and Shanghai Pharmaceutical Co., Ltd. constitutes the abuse of market dominance to sell goods at unfairly high prices.

It is reported that the cost of drug production is mainly composed of two parts: the cost of raw materials and the cost of biochemical workshop. According to the biochemical financial data of Shanghai Pharmaceutical Co., Ltd., the total production cost of this drug is about 8.6 yuan -14.6 yuan/piece, and the processing fee charged by Shanghai Pharmaceutical Co., Ltd. is from 140.4 yuan/piece -230 yuan/piece. Finally, the net price of the drug is as high as 2303 yuan/piece -2918 yuan/piece.

In addition, the domestic sales price of polymyxin B sulfate for injection is significantly higher than that of other countries and regions in the same period, which is about 35 to 44 times that of overseas products.

"The serious handling of this case corrected the illegal behavior in time, and the drug price dropped by nearly 90%. This safeguards the interests of consumers and the public interest. " In an interview, Wang Xianlin, a member of the Expert Advisory Group of the State Council Anti-monopoly Committee and vice president of china law society Economic Law Research Association, pointed out that the parties in this case abused their dominant market position to sell drugs at unfairly high prices. On the one hand, they distorted the market price formation mechanism of this drug and made its price seriously deviate from the normal level, which excluded and restricted market competition. On the other hand, it also makes patients have to pay higher prices, increases the cost of medication for patients, and seriously damages the interests of patients; It also increased the expenditure of the national medical insurance fund, which seriously damaged the public interest.

The reporter learned that after the above-mentioned case was investigated in July 2023, six senior executives of Shanghai Pharmaceutical Group were investigated. In September 2023, Pan Deqing, former vice president of Shanghai Pharmaceutical, Li Ping, general manager of Shanghai Shangke Pharmaceutical, Chen Binhua, former general manager of Shanghai Pharmaceutical Biochemical, and Huang Yuhui, former deputy general manager of Shanghai Pharmaceutical Biochemical, were investigated. In November, Zhou Jun, chairman of Shanghai Pharmaceutical, and Gu Haoliang, former vice president of Shanghai Pharmaceutical, were investigated.

CCTV News:Weihai Economic Development Zone in Shandong Province has a coastal industrial coastline of 19 kilometers. In recent years, the local area has fully tapped its development potential, cultivated leading enterprises and built an industrial cluster of offshore equipment.

At present, at the Weihai Shipyard in Jinling, China Merchants, the eighth ro-ro passenger ship is finishing its work.

Li Wenxiu, Technical Manager of 271 Ship of China Merchants Jinling Ship (Weihai) Co., Ltd.:The ship not only meets the latest requirements for safe return to Hong Kong, but also has the functions of waste heat recovery of main engine, waste heat recovery of air conditioner and zero discharge when berthing.

Weihai Economic Development Zone has a coastal industrial coastline of 19 kilometers. In recent years, they have focused on the development of high-end marine equipment and vigorously cultivated a number of leading enterprises such as Jinling Shipyard. The current order of the shipyard has been scheduled for 2028.

To ensure the development of key enterprises, Weihai Economic Development Zone implemented the system of leadership subcontracting and daily contact service, and the needs of enterprises quickly received attention. The Development Zone Management Committee coordinated the cooperation between Haida Logistics and the shipyard.

Wang Dengpan, Deputy Director of Economic Development Bureau of Weihai Economic Development Zone:The whole area of Haida Logistics Project is 30 mu, and the construction area is close to 20,000 square meters. After completion, no suitable project has been found, and the factory building is idle.

The two sides hit it off, initially reaching 5-mdash; Ten years of cooperation intention has fully released the production capacity of Jinling Shipyard. To cultivate high-end offshore equipment industry, the Economic Development Zone has also made efforts in industrial chain docking and investment promotion, reducing enterprise costs and promoting cluster development.

Wang Jinpo, Deputy Director of China Merchants Bureau of Weihai Economic Development Zone:Up to now, the production project of Shandong Electrician and submarine cable with an investment of 3 billion yuan has been signed and landed, and the production base of unmanned boats will start construction immediately.

[Episode 3: Returning with Full Load]

"Return" is the ultimate goal of Chang ‘e V, but every step on the way back faces many tests. This episode begins with the take-off from the lunar surface of the probe and tells the journey of Chang ‘e 5 to go home. Take-off on the lunar surface, space pursuit, the first unmanned rendezvous and docking of human beings in lunar orbit, the transfer of lunar samples and re-entry are both thrilling and exciting. On December 17th, the Chang ‘e V returner successfully landed in the scheduled area of Siziwangqi, Inner Mongolia.　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　

　　On April 20th, the journal Tumor Biology (hereinafter translated as Tumor Biology) under SAGE Publishing House in the United States issued a retraction statement, announcing that 107 papers written by China authors would be revoked, which were suspected of providing false peer review information in violation of regulations. Another international organization, The Committee on Publication Ethics (COPE), claimed: "These illegal operations seem to be planned by some third-party organizations, which provide such illegal services for the authors of papers."

　　107 articles were rejected by journals.

　　The reporter of Beijing Youth Daily saw on the website of Tumor Biology that the journal released a retraction statement on April 20th: "According to the recommendation of the Publishing Ethics Committee, publishers and editors decided to retract the manuscript. After a thorough investigation, we believe that the paper has violated the rules in the peer review process. "

　　In the retraction statement, the journal listed a statement posted on the website of the Publishing Ethics Committee, which stated: "The organization has realized that several journals belonging to different publishers have systematic and inappropriate manipulation in the peer review process. These operations seem to be planned by some third-party organizations, which provide this service for the authors of the papers. "

　　According to the reporter of Beiqing Daily, Oncology Biology is the official magazine of the International Society of Oncology and Biomarkers, which once belonged to Springer-Verlag Publishing House. The website introduces its impact factor as 2.926. Springer Publishing House is one of the largest scientific and technological publishing houses in the world, which is famous for publishing academic publications. At the end of 2016, "Tumor Biology" was transferred to American SAGE Publishing House. Since January this year, American SAGE Publishing House has started publishing this journal.

　　The author of the withdrawn manuscript involves many hospital doctors.

　　The reporter of Beiqing Daily noticed that there were 107 papers mentioned in Tumor Biology that were withdrawn, involving many cities in China. Most of the authors are hospital doctors, and their institutions are affiliated hospitals of domestic universities, including Zhejiang University Affiliated Hospital, Shanghai Jiaotong University Affiliated Hospital, Jinan Central Hospital affiliated to Shandong University, Xiangya No.1, No.2 and No.3 Hospitals and other well-known hospitals.

　　Yesterday, the reporter of Beiqing Daily tried to contact the author of the withdrawn paper listed in the journal. Among them, among several authors published in Regulation of Activating Protein-4-Associated Metastases of Non-Small Cell Lung Cancer Cells by Mir-144 in 2016, Zhang Zefeng, deputy chief physician of the Department of Thoracic Surgery of the Fourth Hospital of Hebei Medical University, admitted that he had published a paper in Tumor Biology at the same time, but he said that he only participated in the relevant research as a member of the scientific research team, and he was not clear about the specific process of publishing the paper. Liu Junfeng, another chief physician of the hospital, refused the interview on the grounds that the identity of the reporter could not be verified.

　　Peer review is accused of fraud.

　　In a statement issued by the Publishing Ethics Committee, it was mentioned: "Some institutions that provide services for authors to publish papers are suspected of fraud in peer review."

　　Peer review mentioned in the retraction statement is a kind of review procedure, and the publishing unit will choose whether to accept the manuscript or not by this method. The specific operation is to let other experts and scholars in the same field review the academic works to be published. In the peer review, the real names and e-mail addresses of experts and scholars participating in the review need to be provided, and the editorial department of academic journals will confirm the review opinions to these experts and scholars by e-mail.

　　Although the names of the peer-reviewed experts of 107 papers that have been rejected are true, their e-mail addresses are suspected to be false. Because many experts who mentioned their names, publishing institutions have their e-mails, which can’t match the e-mail addresses provided in these papers.

　　An industry insider who has been engaged in peer review told the reporter of Beiqing Daily that the editorial department was not sure whether the review comments were true because it was suspected that the email address of the review experts was false.

　　The industry believes that these papers with suspected problems did not fulfill their review duties at the beginning of publication. Because even if the author of the paper provides false peer review information, the editorial department of the journal can contact the experts and scholars who are named for review to verify it, because many of those experts and scholars are in the expert database of academic journals, but they have not verified it.

　　The reporter of Beiqing Daily noticed that in August 2015, springer announced the withdrawal of 64 papers published in its 10 academic journals, all of which were from China authors. As early as March 2015, British publishing house BMC announced the withdrawal of 43 academic articles, 41 of which were written by China. In these two cases, publishers gave reasons for "suspected fraud in peer review".

　　A doctor in the affiliated hospital of Zhejiang University, who asked not to be named, said that no matter how busy the doctor is, he can’t find a third-party agency to represent the paper. "Under normal circumstances, our contributions to international journals are carried out in the journal official website, and we operate in the order of instructions. The paper intermediary is unreliable. If something goes wrong, even the doctor may not be able to do it. Once the paper is considered fraudulent, it will be ruined. "

　　Text/reporter Guo Linlin Intern reporter Xu Lina Liu Sijia

　　Xinhua News Agency, Shanghai, March 28th Title: Legal interpretation of Wu Xiaohui’s case — — Interview with Professor Ruan Qilin of China University of Political Science and Law

　　Xinhua News Agency reporter Chen Fei, Huang Anqi

　　On March 28th, the Shanghai No.1 Intermediate People’s Court held a trial in the first instance to hear the case of Wu Xiaohui, the former chairman and general manager of Anbang Property Insurance Group Co., Ltd., who was suspected of fund-raising fraud and duty embezzlement. Weibo, the official of Shanghai No.1 Intermediate People’s Court, made a summary of the trial. The reporter interviewed Professor Ruan Qilin, an expert in criminal law and China University of Political Science and Law, and asked him to analyze and interpret the main legal issues involved in this case according to the facts and evidence of the case published by Guan Wei of Shanghai No.1 Intermediate People’s Court, as well as the relevant information published by relevant departments and media before.

　　Reporter: From the main criminal facts and evidence that the procuratorate accused the defendant of being suspected published by Weibo, the official of Shanghai No.1 Intermediate People’s Court, how do you think to evaluate the nature of these behaviors of the defendant in criminal law? What kind of serious social harm do these behaviors have?

　　Ruan Qilin: Defendant Wu Xiaohui used Anbang Property Insurance as a financing platform, and the amount of illegally selling investment-type insurance products exceeded the scale approved by the China Insurance Regulatory Commission, reaching more than 720 billion yuan, which was illegal. According to Article 1 of the Supreme People’s Court’s Interpretation on Several Issues Concerning the Specific Application of Laws in the Trial of Illegal Fund-raising Cases, (1) those who, without the approval of the relevant departments according to law, (2) publicize in the society, and (3) promise to repay the principal and interest or pay a return, and absorb funds from the public are illegal to absorb public deposits. Although Anbang Property Insurance controlled by Wu Xiaohui has been approved by the relevant departments to issue investment-type insurance products according to law, it is far beyond the scale of sales approved by the China Insurance Regulatory Commission (over-raised), and the over-raised part should be considered as "not approved by the relevant departments according to law", which is illegal. Its over-raised part is staggering, reaching more than 720 billion yuan, which contains great financial risks and has extremely serious social harm.

　　Defendant Wu Xiaohui, in the above-mentioned illegal fund-raising process, first, used deception to secretly increase the capital of Anbang Group and Anbang Property Insurance by over-raised premium funds of more than 77 billion yuan. According to the relevant regulations, shareholders must increase their capital to insurance companies with their own funds, and Wu Xiaohui secretly converted the premium funds raised in excess into shareholders’ funds as capital increase for Anbang Property Insurance and Anbang Group, which violated the law and invented solvency to the CIRC and the public. At the same time, Wu Xiaohui manipulated Anbang Group and Anbang Property Insurance to modify profits, adjust data, disclose false information, and continue to make false propaganda to the public. Deceive the public to buy its investment insurance products, resulting in a sharp expansion of the scale of over-raising. Second, illegal possession of huge illegal fund-raising funds (over-raised premiums). After Anbang Property & Casualty sold investment insurance with a predetermined income in its own name, according to Wu Xiaohui’s request, it concealed the over-raised premium to Anbang Group or transferred it to the industrial company actually controlled by Wu Xiaohui, leaving the supervision of the China Insurance Regulatory Commission and other regulatory authorities, thus realizing the purpose of Wu Xiaohui’s illegal possession of huge premium funds by himself or through the industrial company actually controlled by himself, and actually causing a fund gap of 65.2 billion yuan. Wu Xiaohui can only repay the old premium gap with new premium income, and so on, with the Ponzi scheme. According to Article 192 of the Criminal Law, "those who illegally raise funds by deception for the purpose of illegal possession … …” It constitutes a crime of fund-raising fraud.Wu Xiaohui used deception to illegally raise funds and illegally took some of the funds for himself, which was suspected of constituting a crime of fund-raising fraud.

　　At the same time, the defendant Wu Xiaohui took advantage of his position to instruct others to transfer the original Anbang property insurance premium to the industrial company he actually controlled for his own use by means of transfer without accounting, which met the constitutive requirements of the crime of occupational embezzlement, and the amount was 10 billion yuan, which was extremely huge.

　　Reporter: We noticed that the defendant’s illegal fund-raising behavior in this case was carried out by insurance institutions. In judicial practice, how to determine the illegality of the actual controller using legal financial institutions to raise funds illegally? How to identify its criminal purpose? How to distinguish between unit crime and individual crime of natural person?

　　Ruan Qilin: These questions you asked are very professional. First of all, about the illegality of this behavior. Although Anbang Property Insurance is a legal financial institution, its issuance of investment-type insurance products must be approved by the CIRC according to relevant regulations. It is illegal to sell investment insurance products without the approval of the CIRC or beyond the sales scale approved by the CIRC. Because super-scale sales and illegal fund-raising have the same financial risks and are equally harmful to investors. Moreover, because it is a legal financial institution, it is easier to gain the trust of the public, and it can quickly expand the scale of illegal fund-raising to form greater financial risks, which is more harmful to society. The scale of illegally raised funds in this case has rapidly expanded to more than 720 billion yuan, which is closely related to Wu Xiaohui’s use of the signboard of Anbang Property Insurance legal financial institutions. After the incident, the relevant government departments immediately took over Anbang Group, which reflected the seriousness of the financial risks it created and forced the government departments to take over. In recent years, illegal fund-raising cases, such as the largest "Easy Rent Treasure" case, involved only tens of billions of yuan, which is a drop in the bucket compared with the scale of illegal fund-raising in this case. The amount that this case was illegally occupied and could not be returned reached more than 65 billion yuan, far exceeding the fund-raising fraud cases such as "Easy Rent Treasure".

　　Secondly, about the defendant’s criminal purpose. According to Article 2 of the Supreme People’s Court’s Interpretation on Several Issues Concerning the Specific Application of Laws in the Trial of Illegal Fund-raising Cases, if illegal fund-raising by deception has one of the following circumstances, it can be considered as "for the purpose of illegal possession": (2) wantonly squandering fund-raising funds, resulting in the non-return of fund-raising; … … (5) Evading, transferring funds, concealing property and evading the return of funds; … … (8) Other circumstances in which the purpose of illegal possession can be identified. In this case, the defendant used fictitious equity investment, false shareholder dividends and other means to transfer the investment-type insurance product funds raised by Anbang Property Insurance to the industrial company actually controlled by him for possession and use, and has caused more than 65 billion yuan of premium funds to be returned. Enough to identify the purpose of illegal possession.

　　Third, whether it is a unit crime or an individual crime. This case should be considered as an individual crime such as the defendant, and should not be considered as a unit crime. First, the unit crime should reflect the unit will, while the management of Anbang Group, Anbang Property Insurance and other Anbang companies all reflect Wu Xiaohui’s personal will, which does not conform to the company’s operating rules and cannot make Wu Xiaohui’s personal will rise to the unit will. Second, the essential feature of unit crime is "for the benefit of the unit". A large number of facts in this case show that Wu Xiaohui made a personal decision and sought personal interests. According to Article 3 of the Supreme People’s Court’s Interpretation on Relevant Issues Concerning the Specific Application of Law in the Trial of Unit Crimes: "Whoever embezzles the name of a unit to commit a crime, and the illegal income is divided among the individuals who commit the crime, shall be convicted and punished in accordance with the provisions on crimes committed by natural persons". In this case, Wu Xiaohui illegally took tens of billions of premium funds for himself, which should be considered as a natural person crime. At the same time, in this case, Zhongyuan Anbang Property Insurance and Anbang Group had to bear the responsibility of paying more than 720 billion yuan of wealth management products illegally raised by Wu Xiaohui and others because of their illegal fund-raising and illegal possession of premium funds. It has suffered huge economic losses and financial risks, and it is also a victim.

　　Reporter: Generally, fund-raising fraud cases will cause great losses to fund-raising participants, but there is no actual loss of the insured in this case. Excuse me, Professor Ruan, does this situation affect the criminal evaluation?

　　Ruan Qilin: Actually, Anbang Property Insurance has already taken great risks. According to today’s trial, the total assets of Wu Xiaohui’s personal and industrial companies at the time of the incident were far below the funding gap. Wu Xiaohui has hollowed out Anbang Property Insurance by using false capital injection, false investment, and various pretexts to transfer premiums. Once the capital chain breaks, millions of investors will suffer huge losses. Fortunately, the government supervision department found the huge redemption risk in time, took over Anbang Group urgently, and went all out to prevent the risk from expanding. That is to say, the actual loss of investors has not yet occurred in this case, which is entirely due to the fact that the government regulatory authorities prevented Wu Xiaohui and others from committing crimes of illegal fund-raising and taking over Anbang Group. This should not reduce Wu Xiaohui and others’ guilt of encroaching on the original Anbang property insurance and Anbang Group property, using fraudulent methods to illegally raise funds and illegally occupying fund-raising funds.

　　Reporter: Wu Xiaohui’s two criminal facts in the prosecution are that he took the funds of financial institutions as his own, but some of them were identified as fund-raising fraud and some as duty crimes. Why are these two parts of criminal facts evaluated differently in law? Why can’t it be regarded as the crime of illegal use of funds?

　　Ruan Qilin: In the case of basically the same criminal modus operandi, the public prosecutor found that Wu Xiaohui constituted the crime of fund-raising fraud and the crime of occupational embezzlement respectively. The criteria for such identification were based on the nature of illegally occupied funds.

　　Generally speaking, after an investor buys the products of an insurance company, the funds are actually owned and controlled by the insurance company, and the actual controller’s transfer of possession by taking advantage of his position should be regarded as a duty crime or a crime of illegal use of funds. All the illegally occupied funds come from Anbang’s legal premium income.

　　In order to obtain a large amount of funds, the actual controller used financial institutions as a tool to illegally absorb funds from the public. For example, in this case, Wu Xiaohui sold investment-type insurance products beyond the scale approved by the China Insurance Regulatory Commission, which was illegal in fund-raising, and the defendant illegally transferred and occupied the huge amount of funds in illegal fund-raising. The illegally occupied funds came from the premium funds of investment products that Anbang had overpaid (illegally raised funds). In illegal fund-raising, using deception to illegally raise funds and transfer the illegal fund-raising funds for possession is a related act under the deliberate control, that is, illegal fund-raising and illegal possession of fund-raising funds, which cannot be divided and should be evaluated as a whole. Therefore, it is reasonable to identify this part as fund-raising fraud.

　　The crime of illegal use of funds is the illegal use of funds managed by the relevant management institutions in violation of state regulations. This crime cannot cover or include illegal sources of funds and illegal possession of funds. Wu Xiaohui, the defendant in this case, used Anbang Property Insurance to sell insurance products beyond the approved scale, which was illegal fund-raising, and this illegal fund-raising behavior could not be included in the crime of illegal use of funds. That is to say, the crime of illegal use of funds can only evaluate the illegal use of funds, but it cannot or is not enough to evaluate the illegal source of funds, that is, it cannot include the evaluation of illegal fund-raising behavior. For Wu Xiaohui’s illegal fund-raising behavior, only the crime of illegally absorbing public deposits or the crime of fund-raising fraud can accurately evaluate the illegality of his obtaining funds. In addition, the crime of illegal use of funds can not cover the illegal possession of funds, and the crime of fund-raising fraud can include not only the illegal acquisition of funds, but also the illegal possession of illegally acquired funds, as well as the domination, use and punishment on the basis of illegal possession. Therefore, only the crime of fund-raising fraud can completely evaluate Wu Xiaohui’s illegal fund-raising and illegal possession of illegally raised funds. If the crime of illegal use of funds is found, the evaluation of its illegal fund-raising and illegal possession of funds is omitted, and all its behaviors are not completely evaluated.

What is the current automobile market? 26,900, you can buy a car.

Just now, it went on the market. As a pure electric mini-car, Pentium Pony has three models, one of which has a battery life of 122km and the other two have a battery life of 170km, and the price ranges from 26,900 to 31,900 yuan.

What is the biggest highlight of this car? Obviously, it is cheap. Moreover, no matter from the appearance or publicity, the positioning of this car is very clear, that is, female consumers who have just entered the society and bought cars for the first time. So is this car worth buying? Today we will analyze it.

122km and 170km, who should I buy?

In terms of price, the price of the 122km cute horse is 26,900 yuan, and the price of the 170km energetic horse is 29,900 yuan, and the difference is only 3,000 yuan. So what’s the difference?

The most obvious is the difference in battery life. One is 122km, and the other is 170km. What else?

It is worth mentioning that all three models of Pony do not support fast charging. The charging time of 122km Mengqu Horse is 5.2 hours, and that of 170km Yuanqi Horse is 6.5 hours.

There is no difference between them except energy density.

Then, compared with the price difference of 3,000 yuan, we still think that the price-performance ratio of the 170km Yuanqi horse model is higher.

Which of the two 170km models is more cost-effective?

Let’s look at the price first. The price of a 170km energetic horse is 29,900 yuan, and the price of a 170km energetic horse is 31,900 yuan. The difference between the two cars is only 4000 yuan.

So what is the difference between the two cars under the premise of the same battery life?

In fact, it is some more detailed configurations, such as the reversing image that the 170km Yuanqi horse does not have, and the full LCD instrument is carried on the dynamic horse model; Moreover, the Yuanqima model is only equipped with one front USB interface, but the vitality is equipped with two interfaces immediately; The number of speakers has also changed from one to two.

In that case, in fact, I think the most useful configuration of vitality immediately is the reversing image, so I think that the 170km models are very cost-effective, but it is a good choice to spend 31,900 yuan on the top version.

Therefore, if we recommend it, we think that 170km is worth buying than 122km, and among the 170km models, the high-powered horse is more cost-effective.

And if you buy a car now, you can also enjoy a series of rights and interests. For example, discount interest and various subsidies, and you can also enjoy two years of original value repurchase, etc., which can basically be said to minimize the cost of car purchase, and it is also considered more comprehensively for young people.

Summary:

Generally speaking, Pentium Pony has cut into the entry-level car buying range at a very low price, so that many young people who have just entered the society have the opportunity to drive a car that can shelter from the wind and rain, and from the configuration point of view, this car is also sincere. I believe this car will be a car of FAW Pentium that undertakes the task of walking.

So what do you think of this car? Welcome to leave a message for discussion.

　　CCTV News:The Central Meteorological Observatory continued to issue a cold wave orange warning at 18: 00 on December 14th. Affected by strong cold air, it is estimated that the temperature will drop by 8 ~ 12℃ from west to east and from north to south in most parts of China from 20: 00 on December 14th to 08: 00 on December 17th, among which the temperature will drop by 14 ~ in central and northern Shaanxi, northwestern and western Shanxi, central Inner Mongolia, northern Hebei, northwestern Shandong, eastern Liaoning, southeastern Jilin, eastern Jianghuai, most of the south of the Yangtze River, southeastern Southwest China and most of southern China. Most of the above areas are accompanied by northerly winds of 4-6 grades, with gusts of 7-9 grades and local winds exceeding 10 grades. There are 6-8 grades and gusts of 9-10 grades in the eastern and southern seas. On the morning of 17th, the lowest temperature line of 0℃ can be pressed south to southern Guizhou and northern Jiangnan, and the line of -10℃ is located from northern Huanghuai to Qinling. The lowest temperature in some areas of North China and northern Huanghuai will approach or reach the historical extreme value in the same period.

　　Defense guide:

　　1, the government and relevant departments shall, in accordance with their duties, do a good job in cold wave emergency work;

　　2. Pay attention to cold and warmth;

　　3, agriculture, aquaculture, animal husbandry, etc. should actively take anti-frost, freezing and other cold measures to minimize losses;

　　4, do a good job of windproof.

　　Central Meteorological Observatory (in China)twelvemoon14sun18timecontinueissueicefreezeyellowColor warning:

　　It is estimated that there will be freezing rain in parts of southern Henan, western and northeastern Hubei and western Anhui from 20: 00 on December 14th to 20: 00 on 15th.

　　Defense guide:

　　1, transportation, public security and other departments should do a good job in preparing for road icing in accordance with their duties;

　　2. The electric power department should prepare for the deicing of power facilities;

　　3. Take certain protective measures for crops, vegetables, flowers, fruits and forestry;

　　4. Pedestrians should pay attention to anti-skid when going out.

　　Central Meteorological Observatory (in China)At 18: 00 on December 14,Issue a blue warning for blizzard:

　　It is estimated that there will be heavy snow in parts of eastern Jilin, eastern Liaoning, southwestern Shandong, southern Henan and northwestern Hubei from 20: 00 on December 14th to 20: 00 on December 15th, among which there will be heavy snow (10 ~ 12mm) in eastern Jilin and eastern Liaoning. The depth of newly added snow in some areas above is 5-7 cm, and the local area is more than 9 cm.

　　Defense guide:

　　1. The government and relevant departments shall, in accordance with their duties, make preparations for snow disaster prevention and freezing injury prevention;

　　2 transportation, railway, electric power, communications and other departments should carry out road, railway and line inspection and maintenance, and do a good job in road cleaning and snow melting;

　　3. Pedestrians should pay attention to cold prevention and anti-skid, drivers should drive carefully, and vehicles should take anti-skid measures;

　　4. Farming and pastoral areas and breeding industries should reserve feed and prepare for snow disaster prevention and freezing injury prevention;

　　5. Reinforce temporary structures that are easily crushed by snow, such as scaffolding.

　　Central Meteorological Observatory (in China)twelvemoon14sun18timecontinueIssue a gale blue warning:

　　It is estimated that from 20: 00 on December 14th to 20: 00 on 15th, there will be strong winds with grades 5-6 and gusts 7-8 in parts of western Inner Mongolia, central and western Liaoning, southern Xinjiang basin, western Tibet, eastern and southern Qinghai, Hexi in Gansu, northwestern Shaanxi, southwestern Shanxi, eastern Shandong and northern Sichuan Plateau, among which there are grades 7 in southern Xinjiang basin, northern and western Tibet and eastern and southern Qinghai. There will be strong winds of 7-8 grades and gusts of 9 grades in the Bohai Sea, the Bohai Strait, most of the Yellow Sea and the western part of the East China Sea.

　　From 20: 00 on December 15 to 20: 00 on December 16, there were strong winds of 5~6 and gusts of 7 in central Inner Mongolia, southern Xinjiang basin, central and western Tibet and southern Qinghai, among which there will be strong winds of 7 and gusts of 8 in southern Xinjiang basin, northern Tibet and southwest China; The Bohai Sea, Bohai Strait, most of the Yellow Sea, most of the East China Sea, the east of Taiwan Province Strait, bashi channel, Taiwan Province, the northern South China Sea and Beibu Gulf will have strong winds of magnitude 7-8 and gusts of magnitude 9, among which the winds in parts of the Taiwan Province Strait and bashi channel can reach magnitude 9 and gusts of magnitude 10.

　　Defense guide:

　　1. The Central Meteorological Observatory and China Maritime Search and Rescue Center remind ships sailing and operating in the sea areas affected by strong winds to pay attention to navigation safety;

　　2, forest, grassland, urban fire departments to prepare for fire prevention, airport, railway, highway and other traffic management departments should take measures to ensure traffic safety;

　　3, stop high altitude, water outdoor work and recreational activities, reinforcement or proper placement of hoardings, scaffolding billboards, simple facilities and other structures that are easily blown by strong winds;

　　4. Pedestrians and vehicles should not stay in temporary buildings such as tall buildings and billboards, or under trees.