See you in New Year’s Eve! "Twinkle, twinkle, bright stars" predicts that Wanxing CP looks at each other with tears.


1905 movie network news The special official announcement of the romantic fantasy film Tanabata, which was jointly created by, directing, starring, starring and the original crew of the same name drama series, released the "reunion" version of the pilot notice and the "star in the eye" version of the pilot poster, and announced that it would meet the audience at the New Year’s Eve. The Milky Way flows, and Zhang Wansen and Lin Beixing are once again in the same frame, which makes this hard-won reunion full of beautiful heart atmosphere. The phrase "those regrettable moments, we filled them with reunion" is meaningful, which makes many people feel curious about the movie plot, and they are increasingly looking forward to meeting with the pure love story of Wanxing CP in this year’s New Year’s Eve, which makes the past meaning difficult to calm down in the snowy season.


Wanxing CP Tanabata Surprise Reunion Qu Chuxiao Karlina has a deep sense of destiny.


In the preview of the film released today, Zhang Wansen and Lin Beixing finally reunited. They looked at each other face to face with deep affection and showed a relieved smile, but they couldn’t help but burst into tears. A choked "long time no see" was worth a thousand words, which condensed their infinite concern for each other, and their emotions were set off to the extreme in just 15 seconds. If the preview vividly explains the mixed feelings of the reunion moment, then the poster is more like the sweetness and beauty after the reunion. In the poster, Zhang Wansen and Lin Beixing stand together, with their backs against the beautiful beach and dazzling neon. At this moment, they are the most dazzling beings in each other’s eyes, and the lamps behind them are just arranged in the words "Shining For One Thing", which is a romantic annotation of their feelings.


It’s the Qixi Festival, and the pure love atmosphere that comes from the previews and posters is very appropriate. At the same time, it also brings comfort and hope to many drama powders. The drama version of the story has deeply abused countless people by virtue of BE aesthetics. After reading it for a long time, it is hard to let go. The audience can’t bear to see the secret love story of Zhang Wansen and Lin Beixing, leaving regrets, and the expectation that they will meet again has reached its peak. The latest material of the film is just a warm response to the audience’s expectations. "Those moments of regret, we filled them with reunion" seems to be the tacit understanding of Wanxing CP. And in this meaningful.After the big reunion, how will the fate of the two people extend? Can they really break through the obstacles and make all the regrets complete? All kinds of suspense are left to be revealed in the future.


"Secret love for the ceiling" super after-sales New Year’s Eve strikes, igniting feelings and agreeing to go to snow with the audience.


The explosive drama series "Twinkle, Twinkle, Twinkle, Bright Stars" of the same name once broke the box office record of platform and broadcast period, won the love of countless audiences and spontaneously Amway, and became the dark horse of the year 2022. After a year, the film version started shooting in the long expectation, and it was reassuring that the original team returned again. Drama fans have speculated when the film will meet the audience, and finally hoped for the good news of reunion on Tanabata. This reunion not only represents the reunion of Zhang Wansen and Lin Beixing in the preview, but also symbolizes the long-lost reunion between the story of Twinkle, Twinkle and Bright Stars and the audience, which is a two-way trip between the film and the audience. The film promised the audience a romantic agreement of "reunion on New Year’s Eve", which evoked many viewers’ inner feelings for a time. Once upon a time, the phrase "Zhang Wansen, it’s snowing" once spread all over social platforms, and became a classic line like Bai Yueguang in the minds of countless people. Now, I can finally get to Zhang Wansen’s pure love appointment with Lin Beixing in the snowy season, which is undoubtedly a dream-fulfilling plan full of ritual for the majority of drama fans. Not only that, we can make a New Year’s Eve appointment on Tanabata, and this romance will accompany us all the way, from summer to winter. Many dramas can’t hide their joy, saying that "I really want to watch the first snow of the New Year with Zhangwan Forest North Star in the cinema", "This year’s New Year’s Eve’s pure love warrior must keep an appointment", and "See you on Chinese New Year’s Eve, sparkling is a sense of ceremony" …… More and more people meet to enter the cinema in New Year’s Eve, witness this sincere and pure love together, gain the comfort of "love reverberates", and look forward to "2024 can go with happiness and happiness in both directions". I believe that this warm and romantic "pure love energy" will definitely turn into the best blessing on the occasion of the arrival of the New Year, reaching the deep heart of every audience and bringing the most unforgettable viewing experience.


The film Twinkle, Twinkle, Twinkle, Bright Stars is directed by Feng Wang, produced by Wang Chen, directed by Chen Xiaoming and Zhang Pan, written by Zhang Pan, Duan Yule, Wang Yichao and Chen Xiaoming, starring Qu Chuxiao and Karlina, and starring Jinna and Jiang Yunlin. The film is being filmed, and I look forward to meeting the national audience for the New Year.


People’s Republic of China (PRC) government procurement law

  On August 31, 2014, the 10th meeting of the 12th the NPC Standing Committee adopted the following amendments to the Government Procurement Law of People’s Republic of China (PRC):

  (a) in the first paragraph of article nineteenth, "qualified by the relevant departments of the State Council or the relevant departments of the provincial people’s government" is amended as "outside the centralized procurement institution".

  (two) by deleting the third paragraph of article seventy-first. 

  (three) the "cancellation of its qualification for relevant business according to law" in Article 78 is amended as "prohibiting it from acting as an agent for government procurement business within one to three years". 

  Attachment: Revised Government Procurement Law of People’s Republic of China (PRC); 

order of the president of the people’s republic of china 

No.68 

  The Government Procurement Law of People’s Republic of China (PRC) was adopted by the 28th meeting of the 9th the NPC Standing Committee in People’s Republic of China (PRC) on June 29th, 2002, and is hereby promulgated and shall come into force as of January 1st, 2003.

Jiang Zemin, President of People’s Republic of China (PRC)

June 29, 2002

People’s Republic of China (PRC) government procurement law 

Adopted at the 28th meeting of the 9th the NPC Standing Committee on June 29th, 2002.

  Chapter I General Provisions 

  Article 1 This Law is formulated for the purpose of regulating government procurement, improving the efficiency in the use of government procurement funds, safeguarding national interests and social public interests, protecting the legitimate rights and interests of parties involved in government procurement, and promoting the building of a clean government.

  Article 2 This Law shall apply to government procurement within the territory of People’s Republic of China (PRC).

  The term "government procurement" as mentioned in this Law refers to the use of financial funds by state organs, institutions and organizations at all levels to purchase goods, projects and services within the centralized procurement catalogue formulated according to law or above the procurement quota standard.

  The catalogue of centralized government procurement and the standard of procurement quota shall be formulated in accordance with the authority prescribed in this Law.

  The term "procurement" as mentioned in this Law refers to the behavior of obtaining goods, projects and services for compensation by contract, including purchase, lease, entrustment and employment.

  "Goods" as mentioned in this Law refers to articles in various forms and types, including raw materials, fuels, equipment and products.

  The term "project" as mentioned in this Law refers to construction projects, including new construction, reconstruction, expansion, decoration, demolition and repair of buildings and structures.

  The term "services" as mentioned in this Law refers to other government procurement objects except goods and projects.

  Article 3 Government procurement shall follow the principles of openness and transparency, fair competition, impartiality and good faith.

  Article 4 Where government procurement projects are subject to bidding, the bidding law shall apply.

  Article 5 No unit or individual may, in any way, obstruct or restrict suppliers’ free access to the government procurement market in their own regions and industries.

  Article 6 Government procurement shall be carried out in strict accordance with the approved budget.

  Article 7 Government procurement shall combine centralized procurement with decentralized procurement. The scope of centralized procurement is determined by the centralized procurement catalogue published by the people’s governments at or above the provincial level.

  The centralized procurement catalogue of government procurement projects under the central budget is determined and published by the State Council; The centralized procurement catalogue of government procurement projects belonging to local budgets shall be determined and published by the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government or their authorized institutions.

  Government procurement projects included in the centralized procurement catalogue shall be subject to centralized procurement.

  Eighth government procurement quota standards, belonging to the central budget of government procurement projects, determined and promulgated by the State Council; Government procurement projects belonging to local budgets shall be determined and announced by the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government or their authorized institutions.

  Article 9 Government procurement should help to achieve the national economic and social development policy objectives, including protecting the environment, supporting underdeveloped areas and ethnic minority areas, and promoting the development of small and medium-sized enterprises.

  Tenth government procurement should purchase domestic goods, projects and services. Except for one of the following circumstances:

  (a) the goods, projects or services to be purchased cannot be obtained within the territory of China or cannot be obtained on reasonable commercial terms;

  (2) Purchasing for use outside China;

  (3) Other laws and administrative regulations provide otherwise.

  The definition of domestic goods, projects and services mentioned in the preceding paragraph shall be implemented in accordance with the relevant provisions of the State Council.

  Eleventh government procurement information should be released to the public in a timely manner in the media designated by the government procurement supervision and management department, except those involving commercial secrets.

  Twelfth in government procurement activities, procurement personnel and related personnel have an interest in suppliers, must be avoided. Suppliers may apply for withdrawal if they think that the procurement personnel and related personnel have interests with other suppliers.

  The relevant personnel mentioned in the preceding paragraph include the members of the bid evaluation committee in bidding procurement, the members of the negotiation team in competitive negotiation procurement, and the members of the inquiry team in inquiry procurement.

  Thirteenth financial departments of the people’s governments at all levels are responsible for the supervision and management of government procurement, and perform their duties of supervision and management of government procurement activities according to law.

  Other relevant departments of the people’s governments at all levels shall perform supervision and management duties related to government procurement activities according to law.

  Chapter II Parties to Government Procurement 

  Article 14 The parties to government procurement refer to all kinds of subjects who enjoy rights and assume obligations in government procurement activities, including purchasers, suppliers and procurement agencies.

  Fifteenth purchasers refer to state organs, institutions and organizations that conduct government procurement according to law.

  Article 16 The centralized procurement agency is a procurement agency. The people’s governments at or above the level of cities and autonomous prefectures with districts shall set up centralized procurement institutions according to the needs of organizing centralized procurement of government procurement projects at the corresponding level.

  Centralized procurement institutions are non-profit legal persons, and handle procurement matters according to the entrustment of purchasers.

  Seventeenth centralized procurement institutions to carry out government procurement activities, should meet the requirements of the purchase price is lower than the average market price, higher procurement efficiency, excellent procurement quality and good service.

  Eighteenth purchasers of government procurement projects included in the centralized procurement catalogue must entrust centralized procurement agencies to purchase; Government procurement projects that are not included in the centralized procurement catalogue can be purchased by themselves, or they can entrust centralized procurement institutions to purchase on their behalf within the scope entrusted.

  If it is included in the centralized procurement catalogue and belongs to the general government procurement project, it shall entrust a centralized procurement agency to purchase it; Projects that belong to this department and have special requirements in this system shall be subject to centralized procurement by departments; Belonging to the project with special requirements of the unit,

  Approved by the people’s governments at or above the provincial level, they can purchase on their own.

  Article 19 A purchaser may entrust a procurement agency other than a centralized procurement agency to handle government procurement matters within the scope of entrustment.

  The purchaser has the right to choose the procurement agency by himself, and no unit or individual may designate the procurement agency for the purchaser in any way.

  Article 20 Where a purchaser entrusts a procurement agency to handle procurement matters according to law, the purchaser shall sign an entrustment agreement with the procurement agency to determine the entrusted matters according to law and stipulate the rights and obligations of both parties.

  Article 21 A supplier is a legal person, other organization or natural person who provides goods, projects or services to the purchaser.

  Twenty-second suppliers to participate in government procurement activities shall meet the following conditions:

  (1) Having the ability to bear civil liability independently;

  (2) Having a good business reputation and a sound financial accounting system;

  (3) Having the necessary equipment and professional technical ability to perform the contract;

  (4) Having a good record of paying taxes and social security funds according to law;

  (five) in the three years before participating in government procurement activities, there is no major illegal record in business activities;

  (6) Other conditions stipulated by laws and administrative regulations.

  The purchaser may, according to the special requirements of the procurement project, stipulate the specific conditions of the supplier, but shall not discriminate or discriminate against the supplier under unreasonable conditions.

  Article 23 A purchaser may require suppliers participating in government procurement to provide relevant qualification certificates and performance information, and examine the qualifications of suppliers according to the supplier conditions stipulated in this Law and the specific requirements of procurement projects for suppliers.

  Twenty-fourth more than two natural persons, legal persons or other organizations can form a consortium to participate in government procurement as a supplier.

  Where government procurement is conducted in the form of a consortium, all suppliers participating in the consortium shall meet the conditions stipulated in Article 22 of this Law, and shall submit a joint agreement to the purchaser, stating the work and obligations undertaken by all parties to the consortium. The parties to the consortium shall jointly sign a procurement contract with the purchaser and bear joint and several liabilities to the purchaser for the matters stipulated in the procurement contract.

  Twenty-fifth parties to government procurement shall not collude with each other to harm the national interests, social public interests and the legitimate rights and interests of other parties; Other suppliers shall not be excluded from competition by any means.

  The supplier shall not bribe the purchaser, the procurement agency, the members of the bid evaluation committee, the members of the competitive negotiation team and the members of the inquiry team, or take other improper means to win the bid or clinch a deal.

  A procurement agency shall not seek illegal interests by bribing the purchaser or by other improper means.

  Chapter III Methods of Government Procurement 

  Twenty-sixth government procurement adopts the following methods:

  (a) public bidding;

  (2) Inviting tenders;

  (3) Competitive negotiation;

  (4) Single-source procurement;

  (5) Inquiry;

  (six) other procurement methods identified by the procurement supervision and management department of the State Council Municipal Government.

  Public bidding should be the main procurement method of government procurement.

  Twenty-seventh procurement of goods or services should be open tender, the specific amount of the standard, which belongs to the central budget of government procurement projects, by the the State Council; Government procurement projects belonging to local budgets shall be stipulated by the people’s governments of provinces, autonomous regions and municipalities directly under the Central Government; If it is necessary to adopt procurement methods other than public bidding due to special circumstances, it shall obtain the approval of the procurement supervision and administration department of the people’s government at or above the city or autonomous prefecture with districts before the start of procurement activities.

  Article 28 A purchaser shall not break up the goods or services that should be purchased by public bidding or evade public bidding in any other way.

  Article 29 Goods or services that meet any of the following circumstances may be purchased by inviting tenders in accordance with this Law:

  (1) It is special and can only be purchased from a limited range of suppliers;

  (two) the cost of public bidding accounts for a large proportion of the total value of government procurement projects.

  Article 30 Goods or services that meet any of the following circumstances may be purchased by competitive negotiation in accordance with this Law:

  (a) after the tender, there is no supplier to bid, or there is no qualified target, or the new tender cannot be established;

  (two) the technology is complex or special, and it is impossible to determine the detailed specifications or specific requirements;

  (three) the time required for bidding can not meet the urgent needs of users;

  (four) the total price can not be calculated in advance.

  Article 31 Goods or services that meet any of the following circumstances may be purchased by single source in accordance with this Law:

  (a) can only be purchased from a sole supplier;

  (2) Unable to purchase from other suppliers due to unforeseen emergencies;

  (3) It is necessary to ensure the consistency of the original procurement items or the requirements of supporting services, and it is necessary to continue to purchase from the original suppliers, and the total amount of additional funds does not exceed 10% of the original contract purchase amount.

  Article 32 Government procurement projects with uniform goods specifications and standards, sufficient spot supply and small price changes may be purchased by inquiry in accordance with this Law.

  Chapter IV Government Procurement Procedures 

  Thirty-third departments responsible for the preparation of departmental budgets shall, when preparing departmental budgets for the next fiscal year, list the projects and capital budgets of government procurement in this fiscal year and report them to the financial department at the same level for summary. The examination and approval of departmental budgets shall be conducted according to the budget management authority and procedures.

  Article 34 Where goods or services are purchased by inviting public bidding, the purchaser shall select more than three suppliers from the suppliers who meet the corresponding qualification conditions by random method, and issue an invitation to bid to them.

  Article 35 Where goods and services are purchased by tender, it shall not be less than 20 days from the date when the tender documents are issued to the deadline when the bidders submit their tender documents.

  Thirty-sixth in the bidding, one of the following circumstances, should be abolished:

  (1) There are less than three suppliers who meet the professional requirements or make substantial responses to the bidding documents;

  (two) there are violations of laws and regulations that affect the procurement justice;

  (three) the bidders’ quotations all exceed the procurement budget, and the purchaser cannot pay;

  (four) due to major changes, the procurement task is cancelled.

  After the bid is cancelled, the purchaser shall notify all bidders of the reasons for the cancellation.

  Thirty-seventh after the cancellation of the tender, except for the cancellation of the procurement task, the tender should be re-organized; If it is necessary to adopt other procurement methods, it shall be approved by the procurement supervision and administration department of the people’s government at or above the city or autonomous prefecture with districts or the relevant government departments before the start of procurement activities.

  Thirty-eighth procurement by competitive negotiation shall follow the following procedures:

  (a) the establishment of a negotiating team. The negotiating team consists of representatives of the purchaser and relevant experts in an odd number of more than three, of which the number of experts shall not be less than two thirds of the total number of members.

  (2) Formulating negotiation documents. The negotiation documents shall specify the negotiation procedures, contents, terms of the draft contract and the criteria for evaluating the transaction.

  (three) to determine the list of suppliers invited to participate in the negotiations. The negotiating team shall determine at least three suppliers from the list of suppliers who meet the corresponding qualifications to participate in the negotiation and provide them with negotiation documents.

  (4) negotiation. All members of the negotiating team concentrate on negotiating with a single supplier. During the negotiation, neither party shall disclose the technical data, prices and other information of other suppliers related to the negotiation. If there are substantial changes in the negotiation documents, the negotiating team shall notify all suppliers participating in the negotiation in writing.

  (five) to determine the supplier. After the negotiation, the negotiating team shall require all the suppliers participating in the negotiation to make the final quotation within the specified time, and the purchaser shall determine the successful supplier from among the successful candidates proposed by the negotiating team according to the principle of meeting the procurement demand, equal quality and service and the lowest quotation, and notify all the unsuccessful suppliers participating in the negotiation of the results.

  Article 39 In the case of single-source procurement, the purchaser and the supplier shall follow the principles stipulated in this Law and conduct the procurement on the basis of ensuring the quality of the purchased items and reasonable prices agreed by both parties.

  Fortieth procurement by inquiry shall follow the following procedures:

  (a) the establishment of inquiry team. The inquiry team consists of representatives of the purchaser and relevant experts in an odd number of more than three, of which the number of experts shall not be less than two thirds of the total number of members. The inquiry team shall stipulate the price composition of the procurement project and the criteria for evaluating the transaction.

  (two) to determine the list of suppliers to be inquired. According to the purchase demand, the inquiry team determines at least three suppliers from the list of suppliers who meet the corresponding qualifications, and sends them an inquiry notice for quotation.

  (3) Inquiry. The inquiry team requires the inquired supplier to quote a price that cannot be changed at one time.

  (4) Determine the supplier of the transaction. The purchaser determines the clinched supplier according to the principle of meeting the purchasing demand, equal quality and service and lowest quotation, and informs all the suppliers who have not clinched the transaction after being inquired about the result.

  Article 41 The purchaser or the procurement agency entrusted by him shall organize the acceptance of the supplier’s performance. Large-scale or complex government procurement projects shall invite quality inspection institutions recognized by the state to participate in the acceptance work. Members of the acceptance party shall sign the acceptance letter and bear corresponding legal responsibilities.

  Forty-second purchasers and procurement agencies shall properly keep the procurement documents of each procurement activity of government procurement projects, and shall not forge, alter, conceal or destroy them. The storage period of procurement documents is at least fifteen years from the date of the end of procurement.

  Procurement documents include records of procurement activities, procurement budget, bidding documents, bidding documents, bid evaluation standards, evaluation reports, calibration documents, contract texts, acceptance certificates, query replies, complaint handling decisions and other relevant documents and materials.

  The record of procurement activities shall at least include the following contents:

  (a) the category and name of the procurement project;

  (2) The budget, capital composition and contract price of the procurement project;

  (three) the procurement method, the procurement method other than public bidding, shall specify the reasons;

  (4) Conditions and reasons for inviting and selecting suppliers;

  (five) the evaluation criteria and the reasons for determining the winning bidder;

  (six) the reasons for the abolition of the target;

  (seven) the corresponding records of purchasing methods other than bidding.

  Chapter V Government Procurement Contracts 

  Article 43 The contract law shall apply to government procurement contracts. The rights and obligations between the purchaser and the supplier shall be agreed by contract in accordance with the principle of equality and voluntariness.

  A purchaser may entrust a procurement agency to sign government procurement contracts with suppliers on its behalf. Where a contract is signed by a procurement agency in the name of the purchaser, the power of attorney of the purchaser shall be submitted as an annex to the contract.

  Article 44 A government procurement contract shall be in written form.

  Forty-fifth the State Council municipal government procurement supervision and management department shall, in conjunction with the relevant departments of the State Council, stipulate the terms that the government procurement contract must have.

  Article 46 The purchaser and the supplier who won the bid and clinched the deal shall, within 30 days from the date of issuance of the notice of winning the bid and clinched the deal, sign the government procurement contract according to the matters specified in the procurement documents.

  The bid-winning and transaction notice has legal effect on both the purchaser and the bid-winning and transaction supplier. If, after the notice of bid winning and transaction is issued, the purchaser changes the result of bid winning and transaction, or if the supplier of bid winning and transaction abandons the project of bid winning and transaction, it shall bear legal liability according to law.

  Article 47 Within seven working days from the date of signing the procurement contract for government procurement projects, the purchaser shall submit a copy of the contract to the government procurement supervision and management department and relevant departments at the same level for the record.

  Forty-eighth with the consent of the purchaser, the successful bidder and the successful supplier may perform the contract by subcontracting according to law.

  If the government procurement contract is subcontracted, the successful bidder and the successful bidder shall be responsible to the purchaser for the procurement project and the subcontracted project, and the subcontracted supplier shall be responsible for the subcontracted project.

  Article 49 In the performance of a government procurement contract, if the purchaser needs to add the same goods, projects or services as the subject matter of the contract, he may negotiate with the supplier to sign a supplementary contract without changing other terms of the contract, but the purchase amount of all supplementary contracts shall not exceed 10% of the original contract purchase amount.

  Article 50 The parties to a government procurement contract shall not alter, suspend or terminate the contract without authorization.

  If the continued performance of the government procurement contract will harm the national interests and social public interests, both parties shall modify, suspend or terminate the contract. The party at fault shall be liable for compensation. If both parties are at fault, they shall bear corresponding responsibilities.

  Chapter VI Queries and Complaints 

  Article 51 If a supplier has questions about government procurement activities, he may ask the purchaser, and the purchaser shall give a timely reply, but the contents of the reply shall not involve commercial secrets.

  Article 52 If a supplier believes that his rights and interests have been harmed by the procurement documents, procurement process and the results of winning the bid and closing the transaction, he may, within seven working days from the date when he knows or should know that his rights and interests have been harmed, raise a written question to the purchaser.

  Article 53 The purchaser shall give a reply within seven working days after receiving the written query from the supplier, and notify the questioned supplier and other relevant suppliers in writing, but the content of the reply shall not involve trade secrets.

  Article 54 If the purchaser entrusts a procurement agency to purchase, the supplier may ask or question the procurement agency, and the procurement agency shall reply to the matters within the scope of the purchaser’s entrustment in accordance with the provisions of Articles 51 and 53 of this Law.

  Article 55 If a supplier is dissatisfied with the reply of the purchaser or the procurement agency, or the purchaser or the procurement agency fails to make a reply within the specified time, he may complain to the procurement supervision and administration department of the government at the same level within 15 working days after the reply expires.

  Fifty-sixth government procurement supervision and management departments shall, within thirty working days after receiving the complaint, make a decision on the handling of the complaint, and notify the complainant and the parties concerned in writing.

  Fifty-seventh government procurement supervision and management departments in handling complaints, according to the specific circumstances, notify the purchaser in writing to suspend procurement activities, but the longest suspension period shall not exceed 30 days.

  Article 58 If a complainant refuses to accept the decision of the government procurement supervision and administration department to handle the complaint or the government procurement supervision and administration department fails to handle it within the time limit, he may apply for administrative reconsideration or bring an administrative lawsuit to the people’s court according to law.

  Chapter VII Supervision and Inspection 

  Fifty-ninth government procurement supervision and management departments should strengthen the supervision and inspection of government procurement activities and centralized procurement institutions.

  The main contents of supervision and inspection are:

  (a) the implementation of laws, administrative regulations and rules on government procurement;

  (two) the scope of procurement, procurement methods and implementation of procurement procedures;

  (three) the professional quality and professional skills of government procurement personnel.

  Sixtieth government procurement supervision and management departments shall not set up centralized procurement institutions, and shall not participate in the procurement activities of government procurement projects.

  There shall be no subordinate relationship or other interest relationship between the procurement agency and the administrative organ.

  Article 61 A centralized procurement institution shall establish and improve its internal supervision and management system. The decision-making and execution procedures of procurement activities should be clear, and supervise and restrict each other. The responsibilities and authorities of the personnel handling procurement and those responsible for the examination and acceptance of procurement contracts shall be clear and separate from each other.

  Article 62 The procurement personnel of centralized procurement institutions shall have relevant professional qualities and skills, and meet the requirements for professional posts as stipulated by the government procurement supervision and administration department.

  Centralized procurement institutions should strengthen education and training for their staff; Regularly assess the professional level, work performance and professional ethics of procurement personnel. Procurement personnel who fail to pass the examination shall not continue to serve.

  Article 63 The procurement standards for government procurement projects shall be made public.

  Where the procurement method specified in this Law is adopted, the purchaser shall publish the procurement results after the procurement activities are completed.

  Article 64 A purchaser must conduct procurement in accordance with the procurement methods and procedures stipulated in this Law.

  No unit or individual may, in violation of the provisions of this law, require purchasers or procurement staff to purchase from suppliers designated by them.

  Sixty-fifth government procurement supervision and management departments shall inspect the procurement activities of government procurement projects, and the parties to government procurement shall truthfully reflect the situation and provide relevant materials.

  Article 66 The government procurement supervision and management department shall assess the purchase price, fund-saving effect, service quality, reputation status and whether there are any illegal acts of centralized procurement institutions, and regularly publish the assessment results truthfully.

  Article 67 The relevant government departments responsible for administrative supervision of government procurement in accordance with the provisions of laws and administrative regulations shall strengthen supervision of government procurement activities in accordance with their division of responsibilities.

  Article 68 Audit institutions shall supervise government procurement through auditing. The supervision and administration department of government procurement and the parties involved in government procurement shall accept the audit supervision of audit institutions.

  Article 69 Supervisory organs shall strengthen supervision over state organs, state civil servants and other personnel appointed by state administrative organs who participate in government procurement activities.

  Article 70 Any unit or individual shall have the right to accuse and expose illegal acts in government procurement activities, and relevant departments and organs shall promptly deal with them according to their respective functions and duties.

  Chapter VIII Legal Liability 

  Article 71 If a purchaser or a procurement agency is under any of the following circumstances, it shall be ordered to make corrections within a time limit, given a warning, and may also be fined. The directly responsible person in charge and other directly responsible personnel shall be punished by the administrative department or the relevant authorities and notified:

  (1) Purchasing by other means without authorization by means of public bidding;

  (2) raising the procurement standards without authorization;

  (3) Differentiating or discriminating against suppliers under unreasonable conditions;

  (four) in the process of bidding and purchasing negotiations with bidders;

  (5) Failing to sign a procurement contract with the supplier who won the bid or clinched the deal after the notice of winning the bid or clinched the deal is issued;

  (six) refusing the relevant departments to carry out supervision and inspection according to law.

  Article 72 If a purchaser, a procurement agency and its staff are under any of the following circumstances, which constitutes a crime, criminal responsibility shall be investigated according to law; If the case does not constitute a crime, it shall be fined, and if there are illegal gains, the illegal gains shall be confiscated. If it belongs to the staff of state organs, it shall be given administrative sanctions according to law:

  (1) Malicious collusion with suppliers or procurement agencies;

  (2) Accepting bribes or obtaining other illegitimate interests in the procurement process;

  (three) providing false information in the supervision and inspection carried out by the relevant departments according to law;

  (4) disclosing the pre-tender estimate before the bid opening.

  Article 73 If one of the first two illegal acts affects or may affect the bid-winning and transaction results, it shall be dealt with separately according to the following circumstances:

  (1) If the supplier who won the bid or clinched the deal is not determined, the procurement activities shall be terminated;

  (2) If the supplier who won the bid and clinched the deal has been determined but the procurement contract has not been fulfilled, the contract shall be cancelled and the supplier who won the bid and clinched the deal shall be determined separately from the qualified candidates;

  (3) If the procurement contract has been performed and losses are caused to the purchaser and supplier, the responsible person shall be liable for compensation.

  Article 74 Where a purchaser fails to entrust a centralized procurement agency to carry out centralized procurement for government procurement projects that should be subject to centralized procurement, the government procurement supervision and administration department shall order it to make corrections; Refuses to correct, stop paying the funds according to the budget, and be punished by the superior administrative department or the relevant authorities according to law.

  Article 75 If a purchaser fails to publish the procurement standards and procurement results of government procurement projects according to law, it shall be ordered to make corrections, and the directly responsible person in charge shall be punished according to law.

  Article 76 Where a purchaser or procurement agency conceals or destroys the procurement documents that should be kept or forges or alters the procurement documents in violation of the provisions of this Law, the government procurement supervision and administration department shall impose a fine of not less than 20,000 yuan but not more than 100,000 yuan, and the directly responsible person in charge and other directly responsible personnel shall be punished according to law; If a crime is constituted, criminal responsibility shall be investigated according to law.

  Article 77 In any of the following circumstances, a supplier shall be fined from 0.5% to 0.10% of the purchase amount, listed in the list of bad behavior records, and prohibited from participating in government procurement activities for one to three years. If there are illegal gains, the illegal gains shall be confiscated, and if the circumstances are serious, the business license shall be revoked by the administrative department for industry and commerce; If the case constitutes a crime, criminal responsibility shall be investigated according to law:

  (a) providing false materials for winning the bid and closing the deal;

  (2) Defaming or crowding out other suppliers by improper means;

  (3) Malicious collusion with purchasers, other suppliers or procurement agencies;

  (4) Bribing bribes or providing other illegitimate interests to purchasers or procurement agencies;

  (five) negotiation with the purchaser in the process of bidding and purchasing;

  (six) refusing the supervision and inspection of the relevant departments or providing false information.

  If the supplier is under any of the circumstances mentioned in Items (1) to (5) of the preceding paragraph, the bid winning and transaction is invalid.

  Article 78 If a procurement agency commits illegal acts in acting as an agent for government procurement, it shall be fined in accordance with the relevant laws and regulations, and may be prohibited from acting as an agent for government procurement for one to three years. If the case constitutes a crime, criminal responsibility shall be investigated according to law.

  Article 79 If a party to government procurement commits one of the illegal acts in Articles 71, 72 and 77 of this Law, causing losses to others, he shall bear civil liability in accordance with the relevant civil laws.

  Article 80 Any staff member of the government procurement supervision and administration department who abuses his power, neglects his duty or engages in malpractices for personal gain in violation of the provisions of this Law in the course of supervision and inspection shall be given administrative sanctions according to law; If a crime is constituted, criminal responsibility shall be investigated according to law.

  Article 81 If the government procurement supervision and management department fails to deal with the supplier’s complaints within the time limit, it shall give administrative sanctions to the directly responsible person in charge and other directly responsible personnel.

  Article 82 If the government procurement supervision and management department makes false statements in the performance evaluation of centralized procurement institutions, conceals the real situation, or fails to make regular evaluation and publish the evaluation results, it shall promptly correct it, and its superior organ or supervisory organ shall notify its responsible person, and the person directly responsible shall be given administrative sanctions according to law.

  Centralized procurement institutions in the assessment of government procurement supervision and management departments, false performance, conceal the real situation, impose a fine of 20 thousand yuan to 200 thousand yuan, and shall be notified; If the circumstances are serious, it shall be disqualified from purchasing as an agent.

  Eighty-third any unit or individual that obstructs or restricts suppliers from entering the government procurement market in their own region or industry shall be ordered to make corrections within a time limit; Refuses to correct, the unit or individual shall be punished by the superior administrative department or the relevant authorities.

  Chapter IX Supplementary Provisions 

  Article 84 If the agreement reached between the lender and the fund provider and the Chinese side provides otherwise on the specific conditions of government procurement with loans from international organizations and foreign governments, such provisions may be applied, provided that the national interests and social public interests are not harmed.

  Article 85 This Law is not applicable to urgent procurement due to serious natural disasters and other force majeure events and procurement involving national security and secrets.

  Article 86 Military procurement laws and regulations shall be formulated separately by the Central Military Commission (CMC).

  Article 87 The specific steps and measures for the implementation of this Law shall be formulated by the State Council.

  Article 88 This Law shall come into force as of January 1, 2003.

Oscar winner alan arkin confirmed to join the live-action version of Dumbo.

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.

Join hands with a new journey to create a new future.

  "I hope that through investment promotion activities, investors can better understand Fujian Expressway." "Welcome and hope that major well-known enterprises will actively participate in the construction of Fujian Expressway’ the first stop of Fujian’s image facade and business environment’ and provide strong support for the province’s’ promoting consumption, benefiting people’s livelihood and creating a high-quality life’." "We will build a large number of power exchange stations in the service area of Fujian Expressway, so that there will be one power exchange station in the service area within 100 kilometers."

  In the spring of April, spring blossoms, blessed state, and breezy Wan Li. Recently, the Fujian Provincial Expressway Investment Promotion Campaign, co-sponsored by the Fujian Provincial Development and Reform Commission, the Provincial Science and Technology Department, the Provincial Department of Transportation, the Provincial Department of Commerce, the Provincial State-owned Assets Supervision and Administration Commission and the Fujian Provincial Expressway Construction Headquarters, and undertaken by Fujian Expressway Group Co., Ltd. (referred to as Fujian Expressway Group), was held in Fuzhou, with a total investment of about 350 billion yuan.

  China Construction, China Railway, China Railway Construction, China Jiaojian, China Metallurgical Science and Technology and other central enterprises, local municipal governments in Fujian Province, important provincial enterprises inside and outside Fujian Province, private enterprises, leading enterprises in other industries, financial institutions and other relevant responsible persons attended the event.

  It is timely to introduce support policies to invest in Fujian Expressway.

  The "three vertical and eight horizontal" expressway skeleton network has been fully completed; The comprehensive density of road network ranks third in China; Over 81% of the land towns and villages will get on the expressway within half an hour; ETC utilization rate, service quality, emergency smoothness and other indicators lead the country; The number of top 100 service areas and excellent service areas in China ranks among the top in the country … Detailed data and excellent report cards reflect the quality of the high-quality development of Laifu-Jianshe Expressway in recent years.

  In recent years, in accordance with the important arrangements of the CPC Central Committee, Fujian Provincial Party Committee and the provincial government on "high-quality development", "rural revitalization" and "new Fujian" construction, and in combination with the specific requirements of the leaders of Fujian Provincial Party Committee and the provincial government, Fujian Expressway system has carried out practical exploration with Fujian characteristics, and at present, it has initially realized that "people enjoy their actions and things flow smoothly".

  At present, the development of Fujian expressway is welcoming a new round of "golden window period". In October 2022, the Fujian Provincial Party Committee and the provincial government jointly issued the Outline of Comprehensive Three-dimensional Traffic Network Planning in Fujian Province, and planned the main skeleton of the comprehensive three-dimensional traffic network with "three verticals, six horizontals and two links" from a high starting point, and strived to build a "211" traffic circle in Fujian, with two hours of access between districts and cities, one hour of commuting between Fuzhou and Xiamen-Zhangquan, and one hour of basic coverage from districts and cities to counties and towns under their jurisdiction.

  It is estimated that by the end of the 14th Five-Year Plan period, the expressway mileage in Fujian will exceed 6,500 kilometers, forming a "three vertical and nine horizontal" expressway skeleton network, and more than 85% of the land towns will get on the expressway within half an hour.

  In order to promote the investment and construction of expressways, Fujian Province has issued corresponding policy support from the aspects of preliminary work, investment and financing mode, factor guarantee and land use approval. At the same time, a series of measures have been put forward in injecting asset resources, subsidizing industrial funds, developing the economy, etc., and a good investment environment has been actively created with a more open attitude, more preferential policies and better services.

  There is huge room for development, and investment in Fujian Expressway is promising.

  The 63 transportation projects recommended by this promotion activity with a total investment of about 350 billion yuan are major highway projects and short-board projects in Fujian, covering the fields of road network construction and optimization, service improvement, brand introduction and scientific and technological innovation, with large investment subjects, good social benefits and strong demonstration effect, which will inject strong impetus into accelerating the improvement of Fujian’s comprehensive three-dimensional transportation network support and serving the high-quality economic and social development.

  Investment in fixed assets is the "ballast stone" to consolidate local economic development, and major projects are the key to grasp. A total of 33 road network construction projects were launched at the promotion event site, with a total mileage of about 1,520 kilometers and a total investment of 338 billion yuan.

  "These projects have started the preliminary work at present, and most of them are relatively mature, and the enthusiasm for construction in various cities is also relatively high. By introducing market players to participate in expressway construction, we will more effectively push Fujian expressway construction to a new level. " The relevant person in charge of the Fujian Provincial Expressway Construction Headquarters expressed the hope that through investment promotion activities, investors can better understand Fujian Expressway and actively participate in Fujian transportation investment and construction.

  In addition to expressway construction, in recent years, Fujian expressway system has resolutely implemented the major decision-making arrangements of the CPC Central Committee and Fujian Provincial Committee, continuously improved the functional orientation of expressways, upgraded the transportation channel function of expressways into a comprehensive platform for serving economic and social development, and strived to build the service area into a foreign business card and civilized window, a tourism and leisure destination, a high-end brand monopoly area, and a platform for business cooperation between Fujian and Taiwan. With the reputation, brand, safety and responsibility of state-owned enterprises, let the people be willing to spend, feel at ease and feel comfortable, and make every effort to create a new image of "taking you to play, taking you to eat and taking you to buy" service areas with the same quality and the same price in the same city, so as to better serve economic development, people’s lives and national defense construction.

  It is reported that the 19 expressway service upgrading projects highlighted this time cover the fields of service area investment and operation, modern logistics, communication and tourism integration, cultural media and new energy, with a total investment of about 13.2 billion yuan. At the same time, Fujian Expressway Group also comprehensively introduced to the society the planning, construction, upgrading and transformation of expressway theme service areas and benchmarking service areas, special agricultural products with local characteristics, investment promotion of international and domestic high-end brands, online platform operation of Haisi Expressway and other cooperative projects, as well as five major joint projects of "smart travel, intelligent construction and intelligent management and maintenance" of expressways.

  On-site signing of 30 projects to invest in Fujian Expressway is full of confidence

  During this activity, Fujian Expressway Group and its subsidiaries held a centralized signing ceremony with 41 cooperative units (institutions). The projects covered road network construction investment, service improvement, high-end brand introduction, scientific and technological innovation industry cooperation and other fields, totaling 30, with a total investment of about 250 billion yuan. Among them, it has established long-term strategic partnership with five central enterprises, with a total investment of 120 billion yuan, which provides strong support for the province to "promote investment and expand domestic demand".

  Pei Minshan, member of the Standing Committee of Party Committee and Deputy General Manager of CCCC, said that CCCC is deeply integrated into Fujian’s development and is the main force in Fujian’s expressway construction. The cooperation between the two sides has been lasting and fruitful. Taking this signing as an opportunity, CCCC will focus on the project of "three expansions, two improvements and one integration", give full play to its leading edge in the integrated service of the whole industry chain in the field of expressway engineering, actively carry out multi-level, multi-channel and multi-mode pragmatic and innovative cooperation in the fields of high-quality development of expressways, innovation and application of science and technology industries, and "road-development economy", further participate in the investment and construction of expressways in Fujian Province, and work together with the Fujian provincial government and relevant departments and units. Make greater contributions to the all-round high-quality development of the expressway network in Fujian Province and to build the "six Fukiens" of prosperity, innovation, vitality, happiness, green and peace!

  Zhou Yong, deputy general manager of China Construction Group, said that the Group will take this promotion activity as an opportunity to further deepen the pragmatic cooperation with Fujian Expressway Group around the key expressway projects planned to be launched in Fujian this year and next, actively explore the investment model to meet the needs of the new development stage, turn the company’s resource advantages into development advantages, strive to land practical projects, and push the cooperation between the two sides to a new level.

  Chen Duanxiong, director of Contemporary Amperex Technology Co., Limited Commercial Ecological Development Department and deputy general manager of Ningpu Times, said that Contemporary Amperex Technology Co., Limited will join hands with Fujian Expressway Group to build the country’s first high-speed trunk line power exchange network, and will carry out battery transportation business from Ningde to Xiamen Port around the company’s own capacity in the future. In the first phase, it is initially planned to build four power exchange stations in two service areas of Fujian Expressway Changle and Luoyang River to meet the transportation demand of 420 kilometers short trunk lines, so as to better develop the company’s "zero carbon" logistics business.

  Yang Zhiyong, the person in charge of Fujian Weilai Energy Company, said that the company has always maintained in-depth cooperation with Fujian Expressway Group in terms of energy distribution of the entire Fujian expressway network. In the next three years, the company will build a large number of power exchange stations in Fujian expressway service area, further improve the layout of power exchange network, realize that there is one power exchange station in every service area within 100 kilometers, and strive to bring a better power exchange experience to Weilai passenger car users.

  Zhou Zhenwang, general manager of Tianfu Group’s high-speed expansion business department, said that Fujian Expressway is not only the main artery of serving economic development, but also a high-quality platform for spreading tea culture. Through cooperation with Fujian Expressway Group, we will bring our tea culture to the expressway and show and spread Fujian tea culture to drivers and passengers from all over the country through a cup of tea.

  In the next step, Fujian Expressway Group will take this promotion activity as an opportunity to continue to do a good job in the investment docking and implementation of various projects, to create a first-class business environment, so that the majority of enterprises can start their own businesses and invest with confidence, create a bright future for the construction of a new Fujian in the new era, and jointly contribute to the new journey of building a socialist modern country in an all-round way.

  

  Investment promotion content

  Road network construction

  In terms of road network construction, this promotion activity focuses on 33 expressway projects to be started in the next three years after the 14 th Five-Year Plan, as follows:

  1. Fuzhou section of Beijing-Taiwan double-track expressway

  2. Fuzhou section of Gutian tie line

  3. yangli contact line

  4. Wenxi Hub Interchange Project of Fuzhou Airport Second Expressway

  5. The section from Fuzhou Yongtai to Quanzhou Dehua of Zhengyong Expressway (Yongtai border)

  6. Fuzhou Binhai New City Expressway (Phase II)

  7. The section from Minhou Yangli to Yongtai Songkou of Zhengyong Expressway.

  8. Fuzhou to Fuqing Expressway

  9. Daitou-Zhongmen section of Puyan Expressway

  10. Quanzhou section of Quanzhou-Meizhou-Meizhou Expressway of Shenhai Contact Line

  11. Quanzhou section of Quanzhou-Jinmen Expressway of Shenhai contact line.

  12. Shasha expands the Quanzhou section of Datian-Anxi Expressway.

  13. Quanzhou section of Jinjiang-Tongan Expressway

  14. Expansion Project of Shaxia Expressway Quanzhou Anxi to Xiamen Xiang ‘an Quanzhou Section

  15. Luojiang-Fengze Expressway

  16. Zhangzhou Longhai-Fujian-Guangdong Boundary Section of Shenhai Line

  17. Reconstruction and expansion of Zhangzhou Jingcheng to Nanjing East Section of Ningdong Line

  18. Zhangzhou Tonghai Expressway (south extension of Zhangyong Expressway)

  19. Longyan section of Chaozhou-Nanchang Expressway

  20. Xiamen Rong expands Longyan Jiaoyang to Changting Ancient City (Jiangxi-Fujian border)

  21. Sanming section of Chaozhou-Nanchang Expressway

  22 Nanping section of Beijing-Taiwan double-track expressway

  23. Fujian section of Shangrao-Pucheng Expressway

  24. Ningde section of Beijing-Taiwan double-track expressway

  25. Ningde section of Gutian tie line

  26. Shenhai Ningde expands Fuding fenshuiguan to Kengmenli section.

  27. The section from Menli to Xiapu in the expansion pit of Ningde, Shenhai

  28. Shenhai Ningde expanded Xiapu section to Kengmenli Jiaocheng section.

  29. Qingyuan-Shouning Expressway

  30. Zherong-Taishun Expressway

  31. Expansion Project of Quanxia Section of Shenhai Line (Light Smart Expressway)

  32. shenyang-haikou expressway Fuxia Section Expansion Phase II Project

  33. Luoning Reconstruction and Expansion Project

  

  Service promotion

  In terms of service improvement, this promotion activity focuses on 19 projects in five categories, including service area investment and operation, modern logistics, communication and tourism integration, cultural media and new energy, as follows:

  (1) Business investment and operation projects in high-speed service areas

  34. Investment invitation for comprehensive commercial operation in Dapu service area

  35. Investment invitation for comprehensive commercial operation in Yiban service area

  36. Investment invitation for commercial comprehensive operation in Qingyun Mountain service area

  37. Investment invitation for comprehensive commercial operation in airport service area

  (B) Modern logistics projects

  38. Development of Ningde North New Energy Industrial Park

  39. Longyan West Logistics Project Operation Investment Promotion

  40. Longyan North Logistics Project Operation Investment Promotion

  41. Yongchun East Logistics Project Operation Investment Promotion

  42. Ningde East Logistics Project Operation Investment Promotion

  43. Investment invitation for operation of Sanshun Commercial Complex

  (3) Transportation and Tourism Integration Project

  44. Investment and development of go on road trip camp in service area.

  45. Cooperative development of leisure and recreation projects in Gui Hu.

  46. Cooperation and development of Qingkou Interchange Car Expo Park

  47. Zhuqi Wenlv Recreation and Rehabilitation Cooperation Project

  48. Fujian Expressway Huaboyuan Phase II Project Development

  49. Development of Nongbo Park (New Agricultural Theme Park) in Langqi Interchange.

  50. Collection of VR Experience Hall and Wenchuang Fashion Store Operators in Service Area

  (4) Cultural media projects

  51. Cooperative development of high-speed advertising resources

  (5) New energy projects

  52. Cooperation in network development of new energy vehicle charging and replacing power stations in service areas

  In the service area and other business investment and operation projects, Fujian Expressway Group will transform and complete the theme service areas such as Qingyun Mountain (tourist destination theme), Dapu (expanding supporting rear industrial parks and tourist attractions), Yiban (co-building and sharing with local roads and surrounding towns) and the airport in the near future, so as to create a new batch of "online celebrity punch points". It is planned to introduce a powerful high-end operation team for cooperative operation.

  Among modern logistics projects, Fujian Expressway Group has planned to establish logistics projects such as Ningde North, Longyan West, Longyan North, Yongchun East and Ningde East. In the future, it will build 67 logistics transit facilities based on expressway entrance and exit resources, and combine the network platform to build a high-speed logistics node network to fill the shortcomings of rural cold chain logistics and distribution transit. It is planned to introduce investment cooperation and customized operation of head logistics enterprises.

  In the project of communication and tourism integration, Fujian Expressway Group focuses on the investment and operation of go on road trip Camp, VR Experience Hall and Wenchuang Fashion Store in the service area, the cooperative development of high-speed advertising resources, and the investment promotion of Gui Hu Toll Station Export Plot, Zhuqi Service Area Wenlv Recreation Project, High-speed Huaboyuan Phase II, Langqi Interchange Plot Agricultural Research Base and other projects, so as to promote the deep integration and innovation of "High-speed Wenlv" and promote the economic development of Wenlv.

  In the new energy project, Fujian Expressway Group launched the network development cooperation project of charging and replacing power stations in service areas, continuously improved the new energy replenishment system of expressways, and provided expressway travel guarantee for Juli to build "electric Fujian".

  

  Brand introduction

  In terms of brand introduction, this promotion activity focuses on six projects in three categories, such as high-end brands, local agricultural special products and Haisi high-speed online platform operation, as follows:

  (A) high-end brand introduction projects

  53 service area "Fujian specialty snack street" brand cooperative merchants introduction.

  54. Introduction of high-quality tea brands in service areas

  55. Introduction of integrated automobile service providers in service areas

  (two) local agricultural special products cooperation projects

  56 offline shopping mall retail agricultural products collection

  (III) Haisi Expressway Online Platform Operation Project

  57. Cooperation in development and operation of Haisi Sunshine Cloud Mining Platform

  58. Collection of online mall operators and supply chain developers

  In the middle and high-end brand introduction project, the brand cooperation of "Fujian Special Snack Street" will rely on 16 pairs of service area platforms with large traffic and excellent location to further tap regional characteristic resources and promote the integration of tourism consumption; The introduction of high-quality tea brands will be supported by service area stores and online shopping mall platforms, creating a tea-themed service area, building public teahouses, developing characteristic tea drinks, and enhancing the immersive consumption experience of "Fucha" culture; Automobile comprehensive service is planning to carry out one-stop comprehensive services such as automobile consignment, maintenance and decoration in the service area of the whole province, so as to realize the brand and integrated operation of automobile comprehensive service.

  In the cooperation project of local agricultural special products, Fujian Province focuses on collecting retail agricultural special products in offline and online shopping malls, promoting "Fu Nong You Pin Jin Expressway" and helping rural revitalization.

  

  innovation in science and technology

  In terms of scientific and technological innovation, this promotion activity focuses on five major scientific and technological research projects in three major fields, such as intelligent construction, intelligent management and smart travel, as follows:

  59. Research on industrialized intelligent rapid construction technology of light three-dimensional expansion bridge

  60. Research and application of key technologies of green, low-carbon and environmental protection for the expansion of three-dimensional composite expressway in urban agglomeration

  61. Research on key technologies of construction and operation of long-span and ultra-wide hybrid beam cable-stayed bridge.

  62. Research and development of multi-facility automatic cleaning equipment for tunnels

  63. Research on the application of smart high-speed provincial integrated information security protection system and blockchain technology

  The above topics are aimed at solving the pain points and difficulties of major projects, greening and environmental protection, network security and other common problems in the industry. Among them, "Research on industrialized intelligent rapid construction technology of light three-dimensional expansion bridges" and "Research and application of green and low-carbon environmental protection key technologies for expansion of three-dimensional composite highways in urban agglomerations" will provide support for the construction of light and intelligent high-speed highways in Quanxia; "Research on key technologies of construction and operation and maintenance of long-span and ultra-wide hybrid beam cable-stayed bridge" will provide support for the construction of Min ‘an Bridge, the second expressway of Fuzhou Airport. "Research and development of multi-facility automatic cleaning equipment for tunnels" will form the first set of equipment to improve the maintenance level of tunnels; "Intelligent high-speed provincial integrated information security protection system and blockchain technology application research" will effectively guarantee the digital security of expressways.

  (Reporter: Pan Sihang Correspondent: Yang Wei)

Indian media: Tesla still has uncertainty in building a factory in India. Musk’s visit to China focuses on FSD landing.

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.

Financial expert: "The adjustment period of the property market may exceed two years"

  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

Dai Xianglong: The income of the social security fund in the first half of the year is not equal to the shrinking of stock assets.



  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

BMW bears the tariff cost of imported cars from Mexico and opposes the new US tariff policy.

On March 14th, it was reported that BMW recently informed American dealers that it would bear the new tariff cost of importing vehicles from Mexico to the United States in the next few weeks. In early March, the United States imposed a new tariff of 25% on Canadian and Mexican goods, which is currently only applicable to cars that do not meet the rules of the US-Mexico-Canada Free Trade Agreement. The agreement requires that most parts of vehicles should be purchased in North America.

Affected by the agreement, BMW’s 3-Series sedan, 2-Series coupe and M2 high-performance coupe need to be subject to a 25% tariff when imported from Mexico to the United States. These two models account for about 12% of BMW’s sales in the US. BMW said that these vehicles will be "price protected" until May 1, during which the tariff costs will not be passed on to dealers and consumers.

However, BMW also stressed that "if the tariff situation is always maintained, we may need to re-evaluate it afterwards." At present, about 10% of BMW’s car sales in the United States are imported from Mexico. BMW objected to the new US tariffs. BMW previously said: "These tariffs will harm the interests of consumers and make products more expensive and lack innovation."

In addition, related car companies revealed that other affected car brands include Audi, Volvo, Buick and Lincoln.

13 kinds of fire protection products are no longer compulsory certification, transferring trust and reducing institutional transaction costs

  Cctv news: On July 29th, the State Council held a press conference on "Opinions on Deepening the Reform of Fire Law Enforcement". Shang Yong, Vice Minister of Emergency Management Department, introduced that the market access restrictions of fire protection products should be relaxed, 13 types of fire protection products in the compulsory product certification catalogue should be adjusted out of the catalogue and changed to voluntary certification, and the market for fire protection product certification and inspection should be opened to the public.

  When answering a reporter’s question, Danfu Liu, director of the Certification and Supervision Department of the General Administration of Market Supervision, said that transferring 13 kinds of fire-fighting products out of the compulsory product certification catalogue is actually to handle the relationship between the government and the market, so that the market can play a decisive role in resource allocation and better play the role of the government.  

  Quality certification is an internationally accepted quality management tool and trade facilitation tool. It is the "physical examination certificate" of quality management, the "letter of credit" of market economy and the "passport" of international trade. Its essential attribute is to convey trust and service development.

  The State Council attaches great importance to quality certification. In particular, on January 17, 2018, the State Council’s Opinions on Strengthening the Construction of Quality Certification System and Promoting Total Quality Management (Guo Fa [2018] No.3) was issued, which made a comprehensive deployment of quality certification. One of them clearly deployed the reform of compulsory product certification system, requiring "to exert the role of compulsory certification as a" bottom line ",follow the rules of the World Trade Organization, and follow the principles of necessity and minimization. According to the product risk level and industrial maturity, establish a dynamic adjustment mechanism for the certification catalogue. " Therefore, the transfer of 13 kinds of fire-fighting products out of the compulsory product certification catalogue this time is also the implementation of the spirit of the State Council’s "streamline administration, delegate power, strengthen regulation and improve services" reform and the requirements for quality certification.

  Compulsory product certification is a management system with the nature of market access. If the products listed in the catalogue are not certified, they cannot leave the factory, sell or import, and cannot be used in business activities. The 13 products transferred this time, such as fire hoses, fire engines and other products, are basically used by fire departments and professionals, and some have less direct contact with consumers and relatively stable quality. According to statistics, through the reform, it is estimated that 70,000 compulsory product certification certificates will be reduced, involving more than 10,000 enterprises. Such measures can greatly reduce the institutional transaction costs of fire protection products manufacturers. The General Administration of Market Supervision and the Emergency Management Department jointly issued the Announcement on Cancellation of Compulsory Certification of Some Fire Protection Products (No.36 of 2019), and the website has been published.

  At present, only three kinds of products, such as fire alarm products, fire extinguishers and escape products, which are directly related to personal safety, are kept in the catalogue. After the reform, how to ensure the quality and safety of fire protection products, the General Administration of Market Supervision and the Emergency Management Department will focus on three tasks:

  First, the market supervision department and the fire department will continue to strengthen the supervision after the event, supervise and manage the production, circulation and use of fire protection products without compulsory certification according to the division of responsibilities, and take support measures to encourage enterprises to carry out voluntary certification.

  Second, the market supervision department will further strengthen the supervision of CCC certification for fire-fighting products that retain compulsory certification, concentrate the advantages of comprehensive market supervision, innovate the supervision methods, and focus on investigating and dealing with the behaviors of leaving the factory, selling or importing without CCC certification, as well as forging, fraudulently using or buying and selling CCC certification certificates, so as to ensure that CCC certification "ensures safety" and "guarantees the bottom line".

  The third is to strengthen supervision over certification activities. Highlight the main responsibility of certification bodies, strengthen the supervision and law enforcement of government departments, strengthen supervision over fire product certification activities, and at the same time give play to the supervisory role of all sectors of society, including the media, effectively safeguard a good and fair market environment and ensure the effectiveness and credibility of the fire product certification system.