Under the influence of the steady growth policy and the bank’s quarter-end impulse, both corporate and residential sector financing strengthened in June, driving the scale of new RMB loans and social financing to grow beyond expectations.

　　According to the latest data released by the People’s Bank of China on July 11th, RMB loans increased by 3.05 trillion yuan in June, up by 229.6 billion yuan year-on-year, and social financing increased by 4.22 trillion yuan, down by 985.9 billion yuan year-on-year, still better than market expectations. The social financing stock increased by 9.0% year-on-year, down by 0.5 percentage point from the end of last month.

　　For the unexpected financial data in June, the market tends to think that it should be treated rationally.

　　It can be seen that by the end of June, the year-on-year growth rates of M1 and M2 were 3.1% and 11.3%, respectively, down by 1.6 percentage points and 0.3 percentage points from the previous month, and the scissors difference of "M1-M2" was -8.2%, further expanding from -6.9% in May, indicating that the degree of currency activation still needs to be improved.

　　Why did residents’ loans increase more?

　　Corporate loans are still the main force of new credit in June, but the market is more concerned about the unexpected recovery of residential loans. Data show that in June, new residential loans reached 963.9 billion yuan, an increase of 115.7 billion yuan year-on-year, of which short-term loans and medium-and long-term loans increased by 63.2 billion yuan and 46.3 billion yuan respectively.

　　Under the background that the real estate sales data has not improved, the market tends to think that the early repayment of loans is an important reason.

　　The team of Zheshang Securities Bank believes that residents’ short-term loans increased by 63.2 billion yuan year-on-year in June, reflecting the continuous repair of residents’ consumption and the increase in consumer loans by banks; Residents’ medium and long-term loans increased by 46.3 billion yuan year-on-year, which deviated from the weak real estate sales in June and exceeded market expectations. There are two main factors behind the judgment that the increase of residents’ medium and long-term loans exceeds expectations: the early repayment of loans eased in June, and the year-on-year decline of medium and long-term loans supporting residents’ consumption narrowed or even increased year-on-year (medium and long-term consumer loans were mainly mortgages); Banks have increased the supply of medium and long-term loans in residential business to fill the mortgage gap. Since January 2023, medium and long-term loans in residential business have continued to increase year-on-year.

　　"The downward trend of loan interest rate boosted residents’ short-term loans by 63.2 billion yuan year-on-year, which is in line with the current moderate recovery of consumption; In June, when the sales of commercial housing were sluggish year-on-year, the medium-and long-term loans of residents, mainly composed of mortgages, unexpectedly increased by 46.3 billion — — We analyze that this may be related to the reduction in the down payment ratio of home purchases in some areas, and in the context of increasing credit supply, banks concentrated on issuing mortgage loans before the end of June. " Oriental Jincheng pointed out.

　　In terms of social financing, social financing increased by 4.22 trillion yuan in June, a year-on-year decrease of 985.9 billion yuan. Structurally, government bonds were mainly affected by the high base, and the year-on-year increase was less than one trillion yuan.

　　"On the whole, the social financing data in June this year, especially the credit data, exceeded expectations, which made the RMB credit increase more than last year’s high base. Even so, the high base of social financing last year was the result of the high base of credit and the high base of centralized issuance of government bonds. In June this year, the issuance of government bonds was relatively stable, making the overall social financing data nearly 1 trillion yuan lower than that of the same period last year, and the growth rate of social financing scale balance further dropped to 9.0%, a record low. The monthly data can be said to be not bad, but what needs to be vigilant is whether the downward trend of social growth will continue. " CICC pointed out.

　　How to follow-up credit and social financing?

　　In the context of the unexpected credit growth and structural improvement, the market pays special attention to the subsequent credit and social financing trends and policy trends.

　　The macro team of Everbright Securities believes that overall, the remarkable recovery of corporate credit in June indicates that the effect of interest rate cuts has begun to appear. Looking ahead, the year-on-year growth rate of social financing stocks may have bottomed out, and it is expected to rebound rapidly in July-August. On the one hand, the peak of local debt issuance will be ushered in July-August this year. After experiencing a sharp decline in May-June, the growth rate of social financing stocks is expected to stabilize quickly in July-August; On the other hand, after the interest rate cut, a package of steady growth policies is being introduced intensively, which continues to promote the improvement of credit willingness of enterprises and residents.

　　The fixed income team of Huatai Securities pointed out that the financial data in June should be treated rationally. On the one hand, the unexpected credit has seasonal disturbances such as the end of the season, and the sustainability of residential mortgage loan repair needs to be observed and there are doubts. On the other hand, the current economy as a whole is still in a weak recovery path, the consumption cycle continues to improve, and infrastructure investment such as water conservancy and electric power in the first half of the year is also remarkable. From this point of view, the market’s previous expectations for credit growth may be low. In the first half of the year, credit increased by 2.02 trillion yuan year-on-year, basically completing the annual task. In the second half of the year, government bonds entered a low base, and the growth rate of social financing also had some support. It is expected that the general tone of the central bank’s credit policy is still "moderate total amount and steady pace", credit growth is more determined by market-oriented mechanism, and credit line management may continue to weaken. In the third and fourth quarters, the probability of credit social integration will increase year-on-year, but the magnitude is not expected to be large.

　　Dongfang Jincheng predicted that under the prospect that the price level is expected to remain at a moderate level in the second half of the year, if it is necessary to further strengthen the policy of steady growth, there will be some room for interest rate cuts and RRR cuts. Focusing on creating a favorable monetary and financial environment for economic recovery, it is expected that financial data will continue to run at a high level in the third quarter. To this end, the regulatory authorities will supplement the medium and long-term liquidity of the banking system in a timely manner and support banks to increase credit supply through timely RRR reduction and continuous increase in MLF. In addition, the financing cost of the real economy will continue to decline steadily in the third quarter. In addition, the support of monetary policy for the real estate industry will be further increased in the second half of the year. On the basis of continuing to implement the special loan support plan for Baojiaolou, the possibility of increasing the quota in the third quarter or even launching new targeted support tools will not be ruled out. The overall goal is to effectively guide the residents’ mortgage interest rate to decline rapidly, and then drive the real estate industry to achieve a soft landing as soon as possible.

　　News background:　

　　Recently, there was a news in the programmer world that someone launched a project called "996.ICU" on the well-known code hosting platform GitHub to resist the "996" working system. This move was immediately responded by a large number of programmers. The so-called "996" refers to working from 9 am to 9 pm every day, working 6 days a week; "996.ICU" means "Work 996, sick ICU (Intensive Care Unit)".

　　"996"-The unbearable burden for young people

　　For Internet companies, "996" is nothing new. Not long ago, an e-commerce company advocated "996" and "persuading divorce" in a high-profile way, which triggered a frenzy of public criticism and unveiled the chaos of employment in the industry. Moreover, the "996" working mode is only one kind, and there are also popular working modes such as "247", "white plus black" and "5+2" in the workplace, all of which are extremely long overtime and high-intensity work, and even some companies compare overtime hours with each other and take pride in overtime culture. [detailed]

　　Undoubtedly, every generation and everyone has their own pressure, which comes from society, family and themselves. As the saying goes, "People are light without pressure." Everyone’s growth and progress really need some pressure, and in the process of resolving the pressure, they can constantly break through themselves and move towards a higher stage of life. However, stress also depends on whether it is positive motivation or anxiety, and whether it exceeds the burden of young people to some extent. If the pressure loses its positive incentive function and is beyond the tolerance of young people, young people will inevitably lose their spirit and vitality and become depressed. [detailed]　

　　Don’t let the unique phenomenon spread to more industries

　　Some media said that China society is entering an era of "explosion" of young people’s pressure. In 2018, CBN Weekly released the Report on the Survey of Urban People’s Stress. The results showed that 30.24% of the respondents felt stress several times a day, while 43.3% thought that the pressure they were under was too great for them to eat. In addition, a survey conducted by the China Academy of Social Sciences shows that in 2017, the average leisure time in Chinese was only 2.27 hours, and the average leisure time in the United States, German and other countries was more than twice that in Chinese. In addition, statistics show that the incidence of depression and sudden death in China is increasing year by year. Under pressure, some people will suddenly collapse because of a small matter, and some people will "work 996 and get sick in ICU". Although there are only a few cases, this phenomenon can not be ignored and may continue to intensify, and we must find ways to curb it. [detailed]

　　In the legal sense, the legitimacy of the "996" work system is obviously in doubt. It directly converts overtime work into normal working hours for employees, and even wraps this mechanism with words, giving it some cultural and moral colors. For example, those who are willing to accept are regarded as active, enterprising and have dreams, while those who are not active in cooperation may be reprimanded as greedy for comfort and muddling along. In this context, it is almost impossible for individuals to say "no" to this mechanism. It is said that if you don’t accept the 996 working system, you can jump to other industries. Not to mention that this statement avoids the legitimacy of employees’ rights protection, and also ignores that today’s "996" work system is not only a unique phenomenon of Internet startups, but is spreading to more industries. This phenomenon should inspire the labor inspection department to pay more attention and intervention. [detailed]

　　Sacrificing the development of employees can’t meet the future of the industry

　　The initial stage and development stage of an industry can be fought by biting one’s teeth, but the development at the expense of employees’ normal life and rest time is unsustainable, which not only lays hidden dangers for employees’ health, but also cannot usher in the future of an industry. Some critics say: Programmers are drained before they are 30 years old. "Go to work 996, sick ICU", although it is ridicule, is enough to alert related companies. Only work and no life, in such a state, even if employees have high salaries, where does happiness come from? The "996" working system should not be the norm in any industry, not only Internet enterprises. [detailed]

　　Overtime is the norm and no overtime pay is given. Whether it is beautified into corporate culture or dedicated, the essence behind it is that the boss is playing the wishful thinking of saving costs and squeezing employees. On the issue of labor rights protection, trade union organizations at all levels and labor rights protection departments should take action when it is time to do so. This is the responsibility, the inevitable requirement of regulating the market, and the proper meaning of governing the country according to law. From a broader perspective, China’s economy has shifted from a high-speed growth stage to a high-quality development stage. High-quality development involves not only ecological protection, but also people-oriented. [detailed]

　　Speak with great justice:　

　　@ Eternal Land, the sea is dry and the rocks are rotten: It doesn’t matter if you work overtime, as long as you pay overtime.

　　@ Name a name that is hard to find: "996" or "867"?

　　@ 京京京京: Not only programmers, but many positions are like this. Who is not tired?

　　@ 丫丫丫丫丫丫丫丫: Civil engineering is "007" …

　　Editor’s Note of Economic Daily-China Economic Net:　

　　In fact,existUnder the "996" working condition, employees are likely to reduce their work efficiency because they can’t get enough rest time. The "996" working system is essentially "forced overtime". In the increasingly perfect market competition and diversified employment choices, any enterprise and even industry can’t do without talent reserve and management. If some enterprises and industries can’t fully realize the importance of employees, achieve people-oriented, and still squeeze employees and sacrifice employees at the cost of development, then even if they have a large scale of operation, they can’t guarantee to retain talents continuously.

　　Review: Hot comments on previous "classics"　

　　CCTV News:Recently, many departments disclosed a number of economic-related data. What kind of economic situation is revealed behind the figures? Understand the development trend by interpreting the data.

　　In the first quarter, the electricity consumption of 31 provinces in China increased positively.

　　Social electricity consumption is an indicator that can reflect the activity of production and life. According to the latest statistics of China Electric Power Enterprise Federation, in the first quarter, the electricity consumption of the whole society in the eastern, central, western and northeastern regions of China increased by 10.0%, 9.0%, 10.4% and 5.9% respectively. All provinces in China have positive growth in electricity consumption, among which the growth rate of electricity consumption in the east and west is leading.

　　High-tech industries achieve double-digit growth in electricity consumption.

　　From the perspective of industry, in the first quarter, the electricity consumption of high-tech and equipment manufacturing industry increased by 14.5% year-on-year, which was 7.1 percentage points higher than the average growth level of manufacturing industry, and the electricity consumption showed an obvious increase.

　　Electricity consumption of Internet data services increased by 33.4% year-on-year.

　　The electricity consumption of the tertiary industry increased by 14.3% year-on-year, and the growth rate was 10.3 percentage points higher than that of the same period in 2023. Big data and "cloud computing" have developed rapidly, and the electricity consumption of Internet data services has increased rapidly, with a year-on-year increase of 33.4%. At the same time, with the vigorous development of electric vehicles in China, the electricity consumption of China’s charging and replacing service industry has increased substantially, with a year-on-year growth rate of 70.1%.

　　Demand for people’s livelihood consumer logistics maintained rapid growth.

　　From the perspective of people’s livelihood consumption, in the first quarter, the total logistics volume of units and residents’ goods increased by 11.6% year-on-year, and the growth rate increased by 5.7 percentage points over the same period of last year. From the perspective of products, the demand for upgraded people’s livelihood consumption logistics continued to be released, and the demand for retail logistics of sports and entertainment products and communication equipment increased by more than 10% year-on-year.

　　In the first quarter, the total social logistics in China increased by 5.9% year-on-year, which made a good start.

　　China Federation of Logistics and Purchasing announced on April 29th that in the first quarter of 2024, the total social logistics in China was 88 trillion yuan, up by 5.9% year-on-year, and the growth rate was 0.5 percentage points higher than that in the fourth quarter of last year and 2 percentage points higher than that in the same period of last year. The total amount of social logistics has continued the upward trend since last year, and the overall recovery level has risen steadily.

　　In the first quarter, China cultural enterprises realized operating income exceeding 3 trillion yuan.

　　According to the data released by the National Bureau of Statistics on April 29th, in the first quarter, the operating income of cultural and related industrial enterprises above designated size nationwide reached 3,105.7 billion yuan, an increase of 8.5% over the same period of last year. The total profit was 211.6 billion yuan, an increase of 5.8% over the same period of last year. The development of cultural enterprises has made a good start.

　China shipbuilding enterprises win the world’s largest single shipbuilding order.

　　On April 29th, China Shipping Group and Qatar Energy Group signed 18 orders for the world’s largest 271,000 cubic meters super-large liquefied natural gas (LNG) carriers, which became the largest single shipbuilding order in the world at present, marking that China’s R&D and design capability of high-end ships has moved towards the world leading goal.

　　The dynamic ignition test of liquid rocket with maximum thrust in China was a complete success.

　　The 130-ton liquid oxygen kerosene rocket engine independently developed by China completed the ignition test of four engines in parallel on April 28th, and the total thrust of the engine exceeded 500 tons. This is an engine ignition test with the largest thrust and the most complicated system in the history of liquid rocket power development in China, which provides support for the subsequent development and first flight of new rockets in China.

　　The completion rate of comprehensive three-dimensional traffic network in China is about 90%

　　On April 29, the Ministry of Transport held a press conference, and the relevant person in charge said that China is accelerating the construction of a national comprehensive three-dimensional transportation network. At present, the spatial layout of the main skeleton has been basically completed.

　　The main skeleton of the national comprehensive three-dimensional traffic network can be summarized as "6 axes, 7 corridors and 8 channels", that is, 6 main axes, 7 corridors and 8 channels.

　　"Six axes" include Beijing-Tianjin-Hebei — Yangtze River Delta Spindle, Beijing-Tianjin-Hebei — Main axis of Guangdong, Hong Kong and Macao, Beijing-Tianjin-Hebei — Chengdu-Chongqing main axis, Yangtze River Delta — Main axis of Guangdong, Hong Kong and Macao, Yangtze River Delta — Chengdu-Chongqing main axis, Guangdong, Hong Kong and Macao — Chengdu-Chongqing spindle and other 6 spindles.

　　"Corridor 7" includes seven corridors, including Jingha Corridor, Beijing-Tibet Corridor, Continental Bridge Corridor, Western Land-sea Corridor, Shanghai-Kunming Corridor, Chengyu-Kunming Corridor and Guangkun Corridor.

　　The "eight channels" include Suiman channel, Jingyan channel, border channel, Fuyin channel, Erzhan channel, Sichuan-Tibet channel, Xianggui channel and Xiamen-Chengdu channel.

　　"6-axis, 7-corridor and 8-channel" is the most critical trunk line and main channel in the national comprehensive three-dimensional transportation network, and it is the main axis of China’s land space development and the aorta of the national economic cycle.

　　In the next step, the Ministry of Transport will jointly issue the "Main Skeleton Route Plan" with relevant departments to coordinate the protection of resource elements such as land, sea and forest. At the same time, in the implementation of the five-year plan and the annual investment plan, priority will be given to the main skeleton construction projects, and efforts will be made to take the lead in building 1-mdash; 2 demonstration channels.

　　Launching of Shield Machine for Pilotage High-speed Railway Tunnel

　　On April 29th, the shield machine of high-speed railway tunnel, which is independently developed by China and has the largest diameter in the world at present — — The "Pilot" was successfully launched, and the construction of Chongtai Yangtze River Tunnel ushered in a new stage.

　　At 11 o’clock in the morning, at the construction site of Wan ‘an Village, Chongming, Shanghai, at the mouth of the Yangtze River, the "Pilotage" shield machine officially started its journey across the river. This shield machine has a total length of 128 meters and a total weight of about 4,000 tons. It will start from Chongming, dig more than 10,000 meters alone, cross the Yangtze River Knife and Crucian Carp Protection Zone, the main channel and other environmentally sensitive areas, and reach Taicang, Jiangsu.

　　It is understood that Chongtai Yangtze River Tunnel is the control project of Shanghai-Chongqing-Chengdu High-speed Railway, with a total length of 14.25 kilometers. It is the river-crossing tunnel project with the longest single-headed excavation distance and the largest shield diameter of railway tunnel in the world. The speed of high-speed rail crossing the river will be 350 kilometers per hour, which will become a new fast-track connecting Shanghai, Nanjing and Hefei metropolitan areas.

　　The latest monthly and quarterly data of "CCTV Financial Street Economic Prosperity Index" was released.

　　On April 29th, the latest monthly and quarterly data of the economic prosperity index of CCTV Financial Street was released for the first time.

　　The "CCTV Financial Street Economic Prosperity Index" was first released in March 2024, with an index of 109.89 points, up 9.4% year-on-year and 3.8% quarter-on-quarter, indicating that off-balance-sheet financing and direct financing in the financial market have improved significantly, and most financial practitioners are optimistic about the future economic prosperity.

　　Fu Lin, deputy dean of the School of Economics of the Central University of Finance and Economics, said that the economic prosperity index of CCTV Financial Street was significantly higher than that of our threshold in March, and I kept rising for three consecutive months, which fully showed that with the continuous release of the macro-combination policy effect, the endogenous kinetic energy of China’s economy was accelerating and the market confidence was constantly boosted.

　　The index of the first quarter of 2024 released for the first time was 106.54, up 3.5% year-on-year and 2.3% quarter-on-quarter, indicating that the economic boom in the beginning of 2024 recovered rapidly and the investment structure and credit structure continued to be optimized.

　　It is particularly noteworthy that 1-mdash; In March, manufacturing investment increased by 9.9%, and the growth rate accelerated by 0.5 percentage points. The two indicators of "technology and finance" and "Digital Finance" increased significantly, with year-on-year growth rates of 5.3% and 4.6%. Under the guidance of accelerating the cultivation of new quality productivity, the technological transformation and equipment renewal of enterprises have promoted the manufacturing investment to maintain a high level of growth.

　　It is understood that the "CCTV Financial Street Economic Prosperity Index" is supported by the School of Economics of the Central University of Finance and Economics, and a number of secondary indicators have been set up around the "five major articles" proposed by the Central Financial Work Conference, focusing on scientific and technological innovation, green transformation, universal benefits, pension industry, digital economy and other fields. From the perspective of financial practitioners, based on economic confidence, market expectations, risk management and other aspects, it provides financial index services that can be used for reference for high-quality economic development.

　　Since 2023, 394,000 veterans have reached employment intentions.

　　The reporter learned from the press conference held by the Department of Veterans Affairs on April 29th that since 2023, a total of 11,500 job fairs have been held for veterans nationwide, and 394,000 veterans have reached employment intentions, up by 7.4% year-on-year, and the employment channels and scale have been continuously expanded.

　　Since 2023, 11,500 job fairs have been held throughout the country through the annual employment service special action, private enterprise service month, golden autumn recruitment month and other activities, providing about 7.067 million job information, and 394,000 retired soldiers have reached employment intentions. The Department of Veterans Affairs also held the signing ceremony for the fourth batch of ministries and enterprises, and cooperated with 69 central enterprises, state-owned enterprises and private enterprises. The contracted enterprises provided 264,000 exclusive posts for veterans according to the agreement.

　　With the first batch of retired soldiers returning to the local area in the spring, the employment recruitment service activities in 2024 entered the first peak period. Since the beginning of April, Gansu, Inner Mongolia, Hubei, Tianjin and other places have been organizing special recruitment activities for veterans.

　　In the WeChat circle of friends, many people have long been accustomed to Wechat business’s advertisements for various "exotic" products. In order to bring the goods, they may even attach photos of handsome guys and beautiful women to attract attention. However, have you ever seen "Wechat business" who only takes selfies, but is vague about the products he sells?

　　The fight brought out an "extra-case case". Where did her money come from with high consumption but no job?

　　In mid-October, 2019, a fight broke out in a bar in Rui ‘an, Zhejiang Province. Three men were injured after drinking because of trivial matters. When they were taken by the police to the police station for verification, in the WeChat of one of the suspects, a circle of friends that looked no different from Wechat business’s advertisement caught the attention of the police: selfies of various shapes, unintelligible emoticons, and a copy of "lightning delivery".

　　Although it is a common expression such as leaves, pills and balloons, similar friends circle is often sent out late at night and will be deleted soon. According to experience, these specific icons often represent that they are selling contraband.

　　The suspect confessed that the publisher of this information was a young girl he met in a bar not long ago — — Yu. Yu is a local, but she lives in a hotel all the year round. There are many young unemployed girls living in the hotel with her. Yu sleeps in the hotel during the day and hangs out in major bars in the dark.

　　Yu, who graduated from junior high school, used to earn money by dancing in bars. Soon, she found a way to get money faster. Yu is beautiful, and she has accumulated contacts in the bar earlier, and people often come to chat with her. Encouraged by her colleagues, she decided to take advantage of this to attract customers and recommend something to bar regulars that would make them more "hi".

　　When the police tracked Yu, they witnessed a deal: Yu first met a man in black downstairs in the hotel, and then a man in white took the man in black to another hotel. The man in white handed a bag of things to the man in black in the lobby, and the two parted ways. The police immediately stopped the man in black to ask him what he had just taken in the hotel. The man in black insisted that he only bought two "cigarettes", and the police did only find two "cigarettes" from the man in black.

　　However, on closer inspection, the shape of these two "cigarettes" proves that things are not so simple.

　　Paying off the loan by drug trafficking, eating, drinking and having fun, they said, "People can’t have too much money anyway."

　　Different from ordinary cigarettes, the two seized "cigarettes" are knotted at the top. After being disassembled, it will be found that the filter tip has been removed, only the bottom is filled with normal tobacco, and the rest are green tobacco. It has been identified that green tobacco contains heroin and methamphetamine.

　　It is such a "cigarette" with the purchase price of 120 yuan and the retail price of 500 yuan. The "leaf" expression released by Yu in the circle of friends has finally been solved.

　　Cigarettes, milk tea, coffee, candy … … Drugs are disguised as various "foods" by drug dealers in every way, which is not only convenient for trading, but also makes people who come into contact for the first time put down their vigilance and believe that they are just ordinary things that can mobilize their emotions in the mouth of drug dealers, and they have become addicted to drugs without knowing it.

　　Tracing back to Yu, the police found Zhao, who was in charge of purchasing goods, a marketer in a bar to attract customers. The first time Zhao came into contact with "Leaves" was at a friend’s party. Zou was Zhao’s girlfriend’s boyfriend and also attended the party. Out of curiosity, Zou tried one. Although he realized afterwards that "leaves" were drugs, he still discussed drug trafficking with Zhao.

　　Zou and Zhao usually live a life of eating, drinking and having fun. Zou even owes an online loan. They don’t want to let go of this opportunity to make quick money easily. They are lucky enough to get in touch with the family who sells "leaves" to their friends, and also pull Yu into the partnership.

　　Pretending to be a "drug dealer", the police successfully found out Zhao’s last family, Yang. Yang owed debts because he was not good at running a tattoo shop. He also met people who smoked "leaves" in bars and regarded drug trafficking as a "way to make money".

　　Different from drug trafficking, which is mostly underground crime in the past, the forms of drugs are also "varied" in the increasing crackdown, and the target has begun to turn to teenagers hanging out in bars and other social places.

　　Yu said that after dropping out of junior high school, he began to muddle along. Besides sleeping, he was a bar, and so were his friends around him. He was used to a decadent life and unconsciously took the road of life.

　　Six people including Yu, Zhao, Zou and Yang were arrested one after another. Who is Yang’s family? How many floors do they have to go home? Where does "cut tobacco" come from? The case is still under further investigation.

　　　　　　 CCTV News:On November 2nd, local time, US Secretary of State Pompeo and Finance Minister Mnuchin jointly issued a statement announcing that sanctions on Iranian energy and banking will be restarted on the 5th of this month. This is the second batch of sanctions against Iraq restarted after the United States announced its withdrawal from the comprehensive agreement on the Iranian nuclear issue in May this year. At that time, the United States will fully resume the sanctions against Iraq lifted by the Iranian nuclear deal.

　　　　　　 US Secretary of State Pompeo said that the latest targets of sanctions will include Iran’s energy, shipbuilding, transportation and financial industries, and the US will impose sanctions on countries and enterprises that continue to buy Iranian oil and do business with blacklisted Iranian companies from November 5.

　　　　　　 Pompeo said that eight countries or regions will be granted temporary exemptions and can continue to purchase Iranian petroleum products, because they have greatly reduced Iranian crude oil imports, and the United States will give them more time to achieve "zero imports". The United States will ensure that this part of the Iranian government’s income from petroleum products can only be used for humanitarian procurement and non-sanction trade. According to foreign media reports, the eight exempted countries and regions may include Japan, South Korea, India and Turkey, and the US will announce the full list on November 5th.

　　　　　　 In addition, Pompeo also listed 12 requirements that need to be met in order to lift the sanctions against Iran, including "stopping the financing of terrorism, stopping military operations in Syria, and stopping the research and development of ballistic missiles" and so on.

　　　　　　 After announcing its withdrawal from the Iranian nuclear comprehensive agreement in May this year, the White House announced on August 6 that it would restart a series of sanctions on Iran’s finance, metals, minerals, automobiles and other non-energy fields from August 7. Sanctions will involve the Iranian government’s purchase of precious metals such as dollars and gold, industrial graphite, steel, aluminum, coal and software, transactions related to Iranian currency, activities related to the issuance of sovereign debt by the Iranian government, and the Iranian automobile industry.

　　　　　　 Up to now, the U.S. government has imposed 19 rounds of sanctions on Iran in 168 fields. On November 5th, the U.S. Treasury Department will publish a list of more than 700 individual units that have been sanctioned, including more than 300 new targets in addition to those that have been lifted by the the Iranian nuclear deal.

　　　　　　 According to Reuters, Turkey and Iraq have received confirmation that they can be exempted from the US sanctions against Iran.

　　　　　　 Turkish Energy Minister Donmez No.2 said that Turkey has received the exemption confirmation from the United States and can continue to import oil from Iran for the time being. An Iraqi official also said on the same day that he had received permission from the United States to continue to import key energy and food materials from Iran as long as he did not pay dollars to Iran. In addition, according to a source, India and South Korea are also on the exemption list of the United States.

　　　　　　 [Response] Iran called the new round of sanctions "not worth mentioning"

　　　　　　 After the United States announced that it would fully resume sanctions against Iran, US President Trump said that sanctions against Iran are beginning and Iran will be hit hard. In this regard, Iranian Foreign Ministry spokesman No.2 said that Iran is not worried about the new sanctions against the United States because the United States will not be able to implement sanctions against Iran. The spokesman also said that under the sanctions of the United States, Iran also has the ability to manage economic affairs well.

　　　　　　 Iranian Foreign Ministry spokesman Ghasemi told national television on the same day that "the United States will not be able to take any effective measures against Iran, and Iran has the knowledge and ability to manage national economic affairs." He also said that "through these sanctions, the United States can achieve its economic goals. The possibility is very small, and it is impossible to achieve its political goals through such sanctions."

　　　　　　 In response to the announcement by the United States that it will exempt eight countries and regions that import oil from Iran, Cadol, deputy minister of Iranian Oil Ministry, said that the exemption shows that "the oil market needs Iran, and Iran cannot completely withdraw".

　　　　　　 In May this year, the United States announced its withdrawal from the Iranian nuclear deal, and since then, it has repeatedly imposed sanctions on Iran. The State Council announced in June that it would ask countries to stop importing Iranian oil in November, otherwise relevant countries and enterprises would face economic sanctions.

　　　　　　 [Impact] Rising prices have affected people’s lives

　　　　　　 Since the US sanctions started in August this year, the Iranian currency, the Iranian rial, has depreciated sharply, which has greatly affected people’s lives. After the US sanctions were launched, the Iranian rial fell to an all-time low against the US dollar. In the local unofficial market, the currency depreciation once exceeded three times. As a result, residents’ savings have shrunk and prices have risen rapidly. When the reporter interviewed in Tehran, the capital of Iran, many people said that the cost of living has increased and life is getting worse.

　　　　　　 The Iranian people say that they simply don’t believe the US government’s statement that "the purpose of sanctions is only to put pressure on the Iranian government", because it is the people who suffer. The local people told reporters that although the Iranian country and people are suffering, they are not afraid and will not bow to hegemony. On the contrary, the United States is losing its international credibility in this sanctions.

　　　　　　 [Statement] European countries deeply regret the US decision.

　　　　　　 In response to the United States’ announcement of a comprehensive resumption of sanctions against Iran, the EU, France, Germany and Britain said in a joint statement that they deeply regret the decision of the United States.

　　　　　　 Mogherini, the European Union’s High Representative for Foreign Affairs and Security Policy, and the finance ministers of France, Germany and Britain said that they would protect European economic entities that have legitimate business dealings with Iran under the European legal framework and UN Security Council Resolution 2231.

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Apple’s annual flagship mobile phone iPhone attracts a lot of attention every year. Recently, some media reported that Apple is about to launch a new generation of iPhone 16 Pro and iPhone 16 Pro Max, and revealed some details. Now, overseas sources have further revealed the image upgrade of iPhone 16 Pro Max. According to the latest news, the new iPhone 16 Pro Max will be built. …

[data]

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%.

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%; It increased by 9.4% compared with October 2019, with an average growth rate of 4.6% in two years. Among them, the retail sales of consumer goods other than automobiles reached 3,705.7 billion yuan, up 6.7%.

From January to October, the total retail sales of social consumer goods was 35,851.1 billion yuan, up 14.9% year-on-year, up 8.1% from January to October 2019. Among them, the retail sales of consumer goods other than automobiles reached 32,312.8 billion yuan, a year-on-year increase of 15.1%.

[epidemic prevention]

Beijing: Entertainment venues are open according to 75% flow restriction.

On November 17th, Beijing strictly controlled the management of entertainment places. To implement the requirements of "limited, reserved and peak-shifting", Beijing’s performance venues, entertainment venues, Internet service places and other entertainment venues will be opened according to 75% current restrictions. Do not accept people who have lived in the county (city, district, banner, the same below) where there is more than one case (including one case) infected with Covid-19 within 14 days, or who have lived in the county where the land border port is located within 14 days, and who have entered the country less than 21 days and have abnormal health code and unknown itinerary.

[Policy]

Shanghai will put on record the script killing in the Chamber of Secrets.

On November 17th, Shanghai Municipal Bureau of Culture and Tourism issued "Provisions on the Record Management of Script Killing in Shanghai Chamber of Secrets (Draft for Comment)", and Shanghai became the first city in China to include script killing in the record management. The opinion draft makes it clear that the script killing business unit in the Chamber of Secrets will become the "first responsible person" of the script content management, and must undertake the important task of ensuring the script content as the first pass.

[e-commerce]

JD.COM Double 12 Rule released: Continue to "Don’t Stay Up Late"

On November 17th, JD.COM Open Platform 12.12 theme activity investment rules were released. In 2021, JD.COM 12.12 is one of the A+ level marketing activities, and the overall promotion activity lasts for 7 days, inheriting the principle of "not staying up late", and will officially start at 20 o’clock on December 6th.

[new store]

Decathlon’s first national sports park flagship store will open in 2022.

Recently, it is reported that the first Decathlon project in China has been capped, the main structure has been completed, and the fa? ade is being installed. It is expected to be installed by the end of this year and will open in 2022.

The project is located in the west of Intercity Road in Suzhou High-tech Zone (600736, Guba) and south of IKEA, with a planned construction area of over 21,000 square meters. The project integrates consumption, leisure, fitness, sports and amusement, and will be built into Decathlon’s first flagship sports park in China. At the same time, Decathlon joined hands with Yinli Sports Group, the head brand of fitness industry, to build the largest fitness club in Suzhou, Suzhou.

WILLchá, a new tea species, opened its first store in Beijing Chaoyang Joy City (000031, Guba).

On November 12th, the first store of WILLchá officially opened in Beijing Chaoyang Joy City. The store has created a new format of "new tea experience space", which combines the business models of existing tea and retail.

Mango Super Media’s first store, MCITY Magic Capital station, was unveiled.

MCITY Magic station, a subsidiary of Mango Hypermedia, was officially launched in Mango Plaza, Xuhui District, Shanghai. This is the first immersive game experience hall derived from Mango TV’s "Star Detective" and "Escape from the Chamber of Secrets", with a building area of 5,000 square meters. It is also the first store in Shanghai that is completely legal and compliant in terms of fire protection, script guidance and copyright use.

Box Horse opens the first "Fresh Ole" in Shanghai.

On November 15th, Box Horse opened its first box horse fresh Ole store in Shanghai, with an area of about 480 square meters. The store is located on the first floor of Pudong Shopping Mall, No.333 Changli Road, Pudong New Area, and mainly sells discounted fresh food, which comes from the surplus goods ordered by Box Horse, rather than the off-shelf goods. At present, the second box horse fresh Ole store is planned to be located in Chengdu.

Homearch, a home furnishing brand owned by Alibaba, opened its first store nationwide.

-homearch, a home furnishing brand owned by Alibaba, opened its first store in the country in Zone B of Starlight 68 Plaza and officially opened its trial operation on November 19th. The store covers an area of 6,000 square meters, and the business area is divided into three floors, covering multiple home functional spaces and life inspiration scenes.

Official announcement! The fourth Sam member store in Suzhou landed in Wujiang.

Sam member store officially responded that a Sam member store will be opened in suzhou bay, Wujiang by the end of 2022. Up to now, there are three Sam member stores and three stores in Suzhou. Wujiang Sam will become the fourth Sam member store in Suzhou.

Nordic fashion brand Totême China Kaishou branch

Totême, a Nordic fashion brand, recently opened the first offline store in China in Taikooli, Qiantan, Shanghai, after the brand had settled in Tmall to open a flagship store.

Aerospace Wenchuang’s first space-themed restaurant in China opened on December 5.

China Aerospace Wenchuang "Aerospace Theme Self-help Parent-child Restaurant" will officially open on December 5th. Space Restaurant is located on the 2nd floor of Jin Yan City Plaza, Yanjiao Development Zone, Langfang, Hebei Province, with an area of over 2,000 square meters, which is divided into three areas: dining area, immersive role experience area and amusement area.

[closing shop]

A few words also closed the Beijing Wangfu Central Store. At present, more than 20 stores have been closed nationwide.

On November 10th, Yanji, located in the central part of Wangfu, Beijing, was closed again. So far, Yanji has only three stores in Beijing, which are located in Financial Street (000402, Guba), Chaoyang Official House and Wukesong. The eight stores in Beijing shown by official website have been closed for more than half. Compared with the 58 stores in official website, more than 20 stores have been closed.

Dicos Beijing store has been closed by half.

Dicos select store located in Panda Star Kitchen, Jing ‘an West Street, Chaoyang District, Beijing has been closed. Not only that, only 13 Dicos stores are open in Beijing. According to official website of Dicos, there were 36 Dicos restaurants in Beijing, and now there are 13 in Beijing, of which 2 are not yet open and 1 has been suspended.

[financing]

Tea brand future tea wave WILLCHA won Pre-A round of financing.

On November 16th, the new tea brand Beijing Qingnian Chaolu Tea Co., Ltd. (namely Future Tea Wave WILLCHA) won the Pre-A round of financing of Sanqi Mutual Entertainment (002555, Share Bar).

Future Tea Wave WILLCHA is a new tea brand focusing on "Healthy Fine Tea" and dedicated to inheriting and innovating China tea culture.

[enterprise]

Suning.cn: Bankruptcy rumors at the end of December are rumors.

On November 16th, Suning.cn (002024, Share Bar) official Weibo denied that "Suning.cn declared bankruptcy at the end of December" was a rumor, and the company was operating normally. In the first three quarters of this year, Suning.cn achieved operating income of 115.574 billion yuan, down 36.1% year-on-year. The net profit attributable to shareholders of listed companies was a loss of 7.568 billion yuan, down 1483.29% year-on-year. Deducting non-net profit was a loss of 9.215 billion yuan, down 813.38% year-on-year.

Louis Vuitton denied that he would open a duty-free shop in Sanya, Hainan.

Louis Vuitton recently denied Reuters’s report that it will open its first duty-free store in Haitang Bay, Sanya, Hainan, stressing that the brand will look for new market opportunities in Hainan, but it will not be related to duty-free franchise.

Chen Yihang resigned as CEO of Golden Eagle Trading Group.

On November 17th, Golden Eagle Trading Group Co., Ltd. announced that Chen Yihang had resigned as the CEO of the company, and Wang Heng, the executive director and chairman of the board of directors, had been appointed as the executive director, CEO and chairman of the board of directors, with effect from that day. Chen Yihang joined Golden Eagle Trading Group as CEO in April 2020.

Fangyuan Capital may acquire the business of Papa John and DQ in China.

It is reported that FountainVest Partners has agreed to acquire the controlling stake of China F&B Group from Swedish private equity giant EQT, which is the franchise store operator of Papa John’s and Dairy Queen in China, and manages about 140 Papa John’s pizza restaurants and 660 DQ in China. Negotiations to reach an agreement are under way, and it is uncertain whether it will be completed.

CR Vanguard’s new brand Su Guo MART plans to open 600 stores.

In December, Su Guo will open four Su Guo MART in Jianhu in Yancheng, Hongze in Huai ‘an, Xuzhou and Jingjiang, so as to rapidly promote the new brand exhibition plan. In the next five years, Su Guo will focus on the construction of base areas, speed up the layout of new outlets and open 600 new stores, focusing on hypermarkets and supermarkets. Su Guo MART is a brand-new brand created by CR Vanguard in 2019. In April this year, it opened its first Nanjing store in Yaohuamen Jindi Plaza.

Keep responds to IPO rumors: there is no timetable for IPO planning.

On November 18th, Keep responded to IPO rumors that there was no timetable for the IPO plan. Earlier, it was reported that Keep, a sports technology company, plans to submit listing application documents to the Hong Kong Stock Exchange in January 2022, and it is expected to complete the listing process as early as May.

L ‘Oré al double 11 live room price dispute, Li Jiaqi and Viya shouted to suspend cooperation.

On November 17th, Li Jiaqi and Viya successively announced that they would suspend all cooperation with the official flagship store of L ‘Oré al Paris because the price concessions of L ‘Oré al Paris ampoule mask in its live broadcast room were inconsistent with previous commitments. Subsequently, on November 18th, L ‘Oré al Paris official Weibo responded with an apology, and said that L ‘Oré al Paris would put forward a proper solution to the suggestions made by Li Jiaqi and Viya on this incident for all relevant consumers. People’s Daily commented that L ‘Oré al could not apologize.

On the 18th, L ‘Oré al gave a solution, and netizens commented differently.

Gome punishes employees for "fishing" and informs them to spread the network.

On November 16th, the Notice on Punishment for Violation of Employees’ Code of Conduct issued by Gome was circulated on the Internet. The document shows that during the period from August 30th to September 30th, Gome found that some employees played games, chatted and listened to songs during working hours. According to the company’s regulations, these 11 employees (including an outsourcing employee) were notified and punished accordingly, which attracted the attention of many people.

China Zhongmian: The Stock Exchange has reviewed the company’s H-share listing application and still needs to obtain approval.

China Zhongbao announced that the Hong Kong Stock Exchange held a listing hearing on November 16, 2021 to consider the company’s application for issuing overseas listed foreign shares (H shares) and listing them on the main board of the Hong Kong Stock Exchange.

The announcement clearly points out that the Listing Committee of the Hong Kong Stock Exchange has reviewed the company’s listing application, but it does not constitute a formal listing approval. The Hong Kong Stock Exchange still has the right to make further comments on the company’s listing application.

[Performance]

Wal-Mart (demand area: 8,000-10,000 square meters) earned $140.525 billion in the third quarter, up 4.3% year-on-year.

Wal-Mart announced its financial report for the third quarter of fiscal year 2022 as of October 31st. Revenue in the third quarter of this fiscal year was $140.525 billion, a year-on-year increase of 4.3%; The net profit of returning to the mother reached $3.105 billion, a year-on-year decrease of 39.5%. Revenue in the first three quarters was $419.883 billion, a year-on-year increase of 3.1%; The net profit of returning to the mother was $10.111 billion, a year-on-year decrease of 35.2%.

The sales of Wal-Mart’s Sam member stores increased by 13.9%, with a cumulative increase of 25% in two years. Membership income increased by 11.3%, which is the fifth consecutive quarter of double-digit growth.

The loss attributable to shareholders of Parkson Group in the first three quarters was 42.889 million yuan, a year-on-year decrease of 79.06.%

In the nine months ended September 30, 2021, Parkson Group achieved a total operating income of 3.528 billion yuan, up 13% year-on-year, and the loss attributable to shareholders was 42.889 million yuan, down 79.06% year-on-year. In the third quarter of 2021, same-store sales decreased by 11.3%. In the nine months ending September 30, 2021, same-store sales increased by 12.3%.

Macy’s sales in the third quarter were $5.44 billion, a year-on-year increase of 36.3%.

Macy’s sales in the third quarter of 2021 were $5.44 billion, a year-on-year increase of 36.3%. The net profit was $239 million, compared with a net loss of $91 million in the same period last year. Compared with 2020, self-owned sales increased by 37.2%, and self-owned and licensed sales increased by 35.6%; Online sales increased by 19% compared with the third quarter of 2020.

Target’s revenue in the third quarter rose 13% to $25.652 billion.

Target department store, the second largest retail department store in the United States, released its third-quarter performance data. Its total revenue rose by 13.3% year-on-year to $25.652 billion, and its net profit rose by 46.7% to $1.488 billion compared with $1.014 billion in the same period of last year. However, the operating profit rate of this department store dropped from 8.5% in the previous year to 7.8%, and the gross profit rate also dropped from 30.6% to 28%.

The third quarter net loss of Perfect Diary parent company Yixian E-commerce narrowed by 43.8%.

On November 18th, YSG, the parent company of Perfect Diary, released its financial report for the third quarter of 2021, showing that its total revenue reached 1.34 billion yuan, up 6.0% year-on-year. The gross profit margin increased by 2.2% to 67.9% year-on-year, and the net loss was 362 million yuan, which was 644 million yuan compared with the same period of last year, narrowing by 43.8% year-on-year.

The first performance of Victoria’s Secret’s independent listing: Q3 sales increased by 7% year on year.

After Victoria’s Secret’s independent listing, its performance in the third quarter still maintained its growth momentum, with quarterly sales increasing by 7% year-on-year to $1.441 billion, operating profit further increasing to $107.9 million from $97.5 million in the same period last year, with a year-on-year increase of 11% and net profit of $75.2 million.

Prada: Prada brand revenue increased by 52% year-on-year in the first nine months

On November 18th, Prada announced that the retail income in the first nine months of 2021 was far better than that in 2019. Retail sales rose further: in the third quarter of 2021, compared with the same period in 2019, it increased by 18% at a fixed exchange rate, and the net income of Prada brand was 1.918 billion euros, which increased by 52% at a fixed exchange rate compared with the same period in nine months in 2020.

Richemont Group’s operating profit in the first half of 2021 increased by 67% compared with the same period two years ago.

In the six months ended September 30th, Compagnie, a Swiss luxury goods company, recorded sales of 8.91 billion euros (US$ 10.2 billion), and its internal operation increased by 65% year-on-year and 20% over the same period two years ago. Operating profit increased by 67% compared with the same period two years ago, reaching 1.95 billion euros and net profit reaching 1.25 billion euros.

Overseas

US retail sales in October hit the biggest increase since March this year.

US retail sales in October increased by 1.7% from the previous month. Jack Kleinhenz, chief economist of the American Retail Federation, said that due to the COVID-19 epidemic, American consumers continued to spend more on goods than on services, which increased the pressure on the supply chain and led to an increase in commodity prices. With the arrival of the year-end holiday, consumer spending on goods may still increase in November and December.

7-11 Osaka, a new shopping mall, opened, claiming to be more fun than a theme park.

On November 17th, SEVEN PARK AMAMI, a new shopping mall planned and operated by 7-11, opened in Osaka. The shopping mall is located at No.500, Sandingmu, Tianmei East, Songyuan City, Osaka Prefecture. It is a theater shopping center planned by Seven&I Holdings, the parent company of 7-11. The project covers an area of about 67,000 ㎡. In addition to retail and catering, it also plans avant-garde virtual space and many entertainment activities, claiming to be a theme park with no loss of fun.

Ralph Lauren opens a new flagship store in Milan.

Ralph Lauren, an American fashion brand, recently opened a new flagship store in Milan, which has five floors and covers an area of nearly 16,000 square feet. In addition to selling Ralph Lauren men’s and women’s ready-to-wear clothes and RRL brand products, it also has home gifts and decorative accessories, and has Ralph Lauren bar.

Burberry opens an immersive pop-up shop in South Korea.

Burberry opened an immersive pop-up shop in Jeju Island, South Korea, which not only showed and sold the latest coat series of the brand to consumers, but also blurred the boundaries between nature and technology, indoor and outdoor, truth and imagination through various devices, and opened Thomas’s Cafe named after the brand founder.

Image source: Unless otherwise specified, they all come from official channels of brands and enterprises.

Sources: Win Business Network, Leju Finance, Viewpoint Real Estate New Media, National Bureau of Statistics, CCTV News, E-commerce Network, 36Kr, Kaipineapple Finance, Xinhua News Agency, Zhitong Finance, China Economic Net, Retail Krypton Planet, Sina Finance, etc.

　　In the report of the 19th National Congress of the Communist Party of China, the Supreme Leader emphasized that innovation is the first driving force for development and the strategic support for building a modern economic system. In accordance with the decision-making arrangements of the CPC Central Committee, it is of great and far-reaching significance to take accelerating the construction of an innovative country as the overall strategic measure of modernization, firmly implement the innovation-driven development strategy, strengthen the position and role of innovation as the first driving force, and highlight the leading role of scientific and technological innovation in all-round innovation.

　　Deeply understand the great significance of accelerating the construction of an innovative country

　　The main symbol of an innovative country is that science and technology and talents have become the most important strategic resources for a strong national strength. The improvement of labor productivity and social productivity mainly depends on scientific and technological progress and comprehensive innovation. It has a number of world-class scientific research institutions, research universities and innovative enterprises, and the innovative legal system environment, market environment and cultural environment are excellent. The essence of an innovative country is to rely on innovation activities to promote economic development and improve competitiveness, and its measurement indicators are mainly reflected in innovation resources, knowledge creation, enterprise innovation, innovation performance, innovation environment and so on.

　　Accelerating the construction of an innovative country is an inherent requirement for China to move towards a modern power. Science and technology are the sharp weapon of the country, and all the modern powers in the world are innovation powers and science and technology powers. The strategic goal of building an innovative country in China is to enter the ranks of innovative countries by 2020, to be in the forefront of innovative countries by 2035, and to become a world science and technology power by the centenary of the founding of New China. At present, China’s development has reached a new historical starting point and is moving from a developing country to a modern power. If we can’t win in the field of innovation, we can’t grasp the opportunities and advantages of global competition, and we will lose support in moving towards a modern power. We must speed up the construction of an innovative country, highlight the improvement of scientific and technological innovation ability, and support a modern power with a strong country of science and technology.

　　Accelerating the construction of an innovative country is an inevitable choice to solve the main social contradictions in the new era in China. At present, the main contradiction in our society has been transformed into the contradiction between the people’s growing need for a better life and the unbalanced development. In particular, economic development is big but not strong, big but not excellent, the driving force of factors is obviously weakened, and new kinetic energy has not been fully connected. The demand for scientific and technological innovation in economic and social development has never been as urgent as it is today. Only by speeding up the construction of an innovative country and fully practicing the development concept of innovation, coordination, green, openness and sharing in the whole process of economic and social development can we accelerate the transformation to connotative development mainly relying on knowledge accumulation, technological progress and the improvement of labor quality, realize a fundamental change in the endogenous motivation and vitality of China’s development, and open up a broader space for solving major social contradictions.

　　Accelerating the construction of an innovative country is a strategic measure to seize the historical opportunity of the new scientific and technological revolution and industrial transformation. At present, a new round of global scientific and technological revolution and industrial transformation is gestating, especially information technology, biotechnology, manufacturing technology, etc., which have widely penetrated into various fields, and led to major group technological changes characterized by green, intelligence and ubiquity. The pace of integration of next-generation information technologies such as big data, cloud computing and mobile Internet with robots and intelligent manufacturing technologies is accelerating, which is triggering a major adjustment of international industrial division of labor, thus reshaping the world competition pattern and changing the balance of national power. China is faced with a rare historical opportunity to catch up and leapfrog, but also a severe challenge to widen the gap. Only by accelerating the construction of an innovative country, comprehensively enhancing the ability of scientific and technological innovation, and striving to achieve leapfrog development in important scientific and technological fields can we win the strategic initiative in the new round of global competition.

　　Firmly implement the strategy of innovation-driven development

　　The innovation-driven development strategy is related to the overall situation of China’s economic and social development. The report of the 19th National Congress of the Communist Party of China puts forward the strategy of firmly implementing innovation-driven development, which shows that our party regards the implementation of this strategy as a major and long-term task and puts it at the core of the overall development of the country.

　　Since the 18th National Congress of the Communist Party of China, China has made remarkable achievements in implementing the innovation-driven development strategy. The contribution rate of scientific and technological progress to economic growth has increased from 52.2% in 2012 to 56.2% in 2016, which has effectively promoted industrial transformation and upgrading. Breakthroughs have been made in the industrialization of major scientific and technological achievements such as high-speed railways, hydropower equipment, UHV power transmission and transformation, hybrid rice, Earth observation satellites, Beidou navigation, electric vehicles, etc. Some industries are at the forefront of the world, continuously improving the quality and efficiency of China’s economic development and expanding the new space for China’s development.

　　To implement the innovation-driven development strategy, it is necessary to highlight the supporting and leading role of scientific and technological innovation in supply-side structural reform and fostering new kinetic energy for development. First, promote the innovation of industrial technology system around the new generation information network, intelligent green manufacturing, modern agriculture, modern energy and other fields, pay attention to the transformation and upgrading of traditional industries with new technologies and new formats, and lead the development of emerging industrial clusters with the support of technological breakthroughs. The second is to promote the integration of technological innovation, management innovation and business model innovation, expand emerging service industries such as digital consumption, e-commerce, modern logistics and internet finance, and vigorously develop digital economy, platform economy, sharing economy and intelligent economy. The third is to vigorously promote innovation and entrepreneurship, establish a number of low-cost, convenient and open creative spaces and virtual innovation communities, and incubate and cultivate innovative small and micro enterprises with "specialization and novelty". Fourth, create new economic growth points, growth zones and growth poles, deepen the construction of globally influential scientific and technological innovation centers in Beijing and Shanghai, accelerate the coordinated innovation of Beijing-Tianjin-Hebei, Yangtze River Economic Belt and the eastern and western regions, strengthen the radiation-driven role of national independent innovation demonstration zones and national high-tech zones, and build a number of innovative cities and regional innovation centers with strong driving effects.

　　Promoting new breakthroughs in key areas of scientific and technological innovation around "three orientations"

　　Facing the forefront of world science and technology, facing the main battlefield of economy and facing the major needs of the country is the main strategic direction of China’s scientific and technological innovation. Since the 18th National Congress of the Communist Party of China, the forward-looking layout and systematic promotion of the "Three Orientations" have been significantly strengthened, and breakthroughs in scientific and technological innovation have been significantly accelerated. Benchmarking the forefront of international science and technology, China has achieved a large number of major original achievements in basic research and applied basic research fields such as quantum communication and computer, high temperature superconductivity and neutrino oscillation, and its international influence has been greatly enhanced. Facing the main battlefield of economy, a series of major technical and engineering breakthroughs have been achieved in major national science and technology projects, and the mobile communication field has developed by leaps and bounds from "2G following", "3G breakthrough", "4G parallel" to "5G leading", and the C919 large passenger plane made its first flight successfully. Focusing on the major needs of national development, China has achieved a number of landmark major scientific and technological innovations with international influence in strategic areas such as deep space, deep sea, deep ground and deep blue, such as manned spaceflight and lunar exploration, manned deep diving, deep drilling and supercomputing.

　　At the same time, we should also see that basic research in China is still weak. Original technology and subversive technology are relatively insufficient, and key core technologies in many fields are subject to people. It is necessary to integrate scientific and technological resources more effectively and accelerate breakthroughs. First, strengthen basic research and applied basic research, and strengthen the source reserve of new ideas, methods, principles and knowledge. Second, focus on major national science and technology projects, organize Industry-University-Research to jointly tackle key problems, and break through a number of key common technologies in the fields of information, biology, new energy, new materials and artificial intelligence. The third is to launch "Science and Technology Innovation 2030— Major projects ",increase efforts in the fields of space, ocean, network, materials, energy and health, and break through and master a number of original and subversive technologies. The fourth is to promote modern engineering technology research and demonstration application, and strengthen technology development and integration, equipment development and large-scale application for marine engineering, heavy equipment, transportation, power grid, modern agriculture and other fields.

　　Strengthen the construction of national innovation system

　　National innovation system is the basis of determining the level of national development, strategic scientific and technological forces are the backbone of national innovation system, and international competition is largely the competition of scientific and technological innovation capability systems.

　　Since the 18th National Congress of the Communist Party of China, the construction of China’s scientific and technological innovation capability system has reached a new level. The construction of scientific and technological innovation bases has been accelerated, the comprehensive national science center has been promoted as a whole, and breakthroughs have been made in the construction of large-scale scientific research infrastructure. Major scientific and technological facilities such as the world’s largest spherical radio telescope (FAST) with a diameter of 500 meters and the super-large hypersonic shock wind tunnel will be built, and innovative platforms such as the State Key Laboratory will be laid out. At the same time, we will promote the open sharing of science and technology infrastructure platforms, and bring 58 major scientific research infrastructures and 58,000 sets of large scientific research instruments into a unified national network management platform. A number of large-scale comprehensive scientific research institutions have greatly improved their research capabilities and moved forward in international rankings. The technological innovation capability of enterprises has been further enhanced. In 2016, enterprises accounted for more than 77.5% of the R&D expenditure of the whole society, and a number of internationally influential scientific and technological innovative enterprises emerged.

　　At present, in the face of the requirements of building a world science and technology power, we must vigorously strengthen the capacity building of the national innovation system and systematically build China’s strategic scientific and technological strength. First, lay out national laboratories in major innovation fields and build a strategic scientific and technological innovation base that reflects the will of the country and has a world-class level. Second, focus on energy, life, particle physics and other fields to build a number of major scientific and technological infrastructures, and accelerate the construction of three comprehensive science centers in Zhangjiang, Shanghai, Hefei, Anhui and Huairou, Beijing. The third is to optimize and integrate the layout of national scientific research bases and platforms, and make layout around the national strategy and innovation chain to promote the open sharing of scientific and technological resources. Fourth, according to the requirements of enterprise-oriented, market-oriented and Industry-University-Research’s deep integration, we will promote technological innovation, build a number of national technological innovation centers to lead enterprise innovation and industrial development, support a large number of small and medium-sized enterprises to enhance their innovation capabilities, and cultivate a number of innovative leading enterprises with outstanding core technological capabilities and strong integrated innovation capabilities. The national innovation system we are building is open, not closed. We should improve the internationalization level of scientific and technological innovation in all directions, build a "Belt and Road" collaborative innovation community, and actively take the lead or participate in international major scientific plans and projects.

　　Building a team of high-end scientific and technological innovation talents

　　Innovation drive is essentially talent drive, and comprehensive national strength competition is talent competition in the final analysis. Whoever has the advantage of talent will have the advantage of innovation strength.

　　There are still some problems in innovative scientific and technological talents in China, such as outstanding structural contradictions, lack of world-class scientific and technological masters, shortage of leading talents and top talents, and disconnection between engineering and technical personnel training and production and innovation practice. Therefore, the report of the 19th National Congress of the Communist Party of China proposed to cultivate a large number of strategic scientific and technological talents, leading scientific and technological talents, young scientific and technological talents and high-level innovative teams with international standards. We should take this deployment as a priority task in implementing the innovation-driven development strategy and pay close attention to it. First, promote the strategic adjustment of the structure of innovative scientific and technological talents, strengthen the construction of high-end scientific and technological innovative talents, highlight the orientation of "high precision and sharp lack", and strengthen the selection and training of strategic scientific and technological talents, leading scientific and technological talents and high-level innovative teams. Second, aim at the world’s scientific and technological frontiers and strategic emerging industries, support and train young and middle-aged leading talents with development potential, and open up special support channels for young talents. The third is to cultivate a large number of entrepreneurial talents with global strategic vision, innovation ability and social responsibility, and protect entrepreneurs’ innovation income and property rights according to law. Fourth, continue to increase the introduction of overseas high-level talents, introduce high-level innovative talents such as chief scientists to the world, and achieve accurate introduction. Fifth, vigorously promote innovation education, enhance the innovation consciousness and ability of the whole society, and create a team of innovative and entrepreneurial talents with large scale, innovative spirit and dare to take risks.

　　Deepen the reform of science and technology system

　　To build an innovative country, we must adhere to the two-wheel drive of scientific and technological innovation and institutional innovation. Only when the two wheels work in harmony can the new engine driven by innovation be started at full speed.

　　The report of the 19th National Congress of the Communist Party of China proposed to deepen the reform of the scientific and technological system, and we should work hard on the strength and methods of implementation. First, improve the inclusive policy system to support enterprise innovation, and increase the implementation of policies such as R&D expenses plus deduction, tax incentives for high-tech enterprises, and accelerated depreciation of fixed assets. The second is to promote the reform of project evaluation, talent evaluation and institutional evaluation to stimulate the enthusiasm of scientific and technological personnel. The third is to improve the national technology transfer system, cultivate a number of national technology transfer institutions with high professional level and strong service ability, establish and improve regional and industrial technology markets, and build a technology transfer network connecting innovative resources such as technology, capital and talents at home and abroad. The fourth is to strengthen the creation, protection and application of intellectual property rights, deepen the reform of rights management of scientific and technological achievements, improve the incentive evaluation system for the transformation of scientific and technological achievements, and strengthen the legal protection of intellectual property rights in innovative countries. The fifth is to create a fair, open and transparent market environment, establish a government procurement system in line with international rules, and expand the market space for innovative products and services.

　　Wang zhigang

　　Draw the greatest concentric circle of building a strong country and national rejuvenation

　　Qiushi magazine editorial department

　　"The greatest achievement of the United front work in the new era is to form an important thought on doing a good job in the United front work of the party in the new era in practice, and put forward a series of new ideas, new ideas and new strategies on strengthening and improving the United front work."

　　The United front is an important part of the party’s general line and policy, which has played an important role in different historical periods of China’s revolution, construction and reform. Since the 18th National Congress of the Communist Party of China, the people of the Communist Party of China (CPC), represented by the Supreme Leader, have put forward a series of new ideas, new ideas and new strategies on strengthening and improving the United front work, profoundly answered major questions such as why the United front is needed in the new era, what kind of United front is needed, how to consolidate and develop the United front, and formed the important thought of General Secretary Supreme Leader on doing a good job in the United front work of the Party in the new era, and opened up a new realm of the modernization of Marxist United front theory in China.

　　From July 29th to 30th, 2022, the Central United Front Work Conference was held in Beijing. This is an important meeting with milestone significance on the eve of the 20th National Congress of the Communist Party of China and the centenary of the United Front Policy put forward by our Party. General Secretary of the Supreme Leader attended the meeting and delivered an important speech, which pointed out the direction for the development of the United front cause in the new era and provided fundamental follow-up. The article "Complete, accurate and comprehensive implementation of the important thinking on doing a good job in the party’s United front work in the new era" is part of the important speech of the General Secretary. In this important article, the general secretary fully affirmed the historic contribution of our party’s United front work in the past century and the historic achievements made in the new era, and systematically explained the new ideas, new ideas and new strategies formed in the United front work since the 18th National Congress of the Communist Party of China from twelve aspects, which is highly political, ideological, theoretical and instructive. General Secretary Supreme Leader’s important thought on doing a good job in the Party’s United front work in the new era is a profound summary and wisdom crystallization of the development of the Party’s United front work in the past century, especially the practice of the United front work in the new era. It is an important part of Supreme Leader’s Socialism with Chinese characteristics Thought in the new era and the fundamental guideline of the United front work in the new era. The whole Party must implement it completely, accurately and comprehensively, and promote the United front work in the new era to create a new situation continuously.

　　"We must give full play to the important magic weapon role of the United front"

　　"We must consolidate and develop the broadest patriotic United front, draw the greatest unity of building a strong country and national rejuvenation, unite and unite our strength, forge great achievements through struggle, and jointly write the magnificent chapter of Chinese modernization!"

　　On the morning of December 29th, 2023, in Chinese People’s Political Consultative Conference Auditorium, Party and state leaders, such as the Supreme Leader General Secretary, got together with leaders of democratic parties, the All-China Federation of Industry and Commerce, representatives of personages without party affiliation, heads of relevant departments of the central and state organs, and representatives of people from all walks of life in the capital to talk about friendship, discuss the country and welcome the new year together.

　　Establishing the broadest United front is an important magic weapon for the party to defeat the enemy and to govern and rejuvenate the country. In July 1922, the Second National Congress of the Communist Party of China passed the Resolution on "Democratic United Front", which marked the formal proposal of our party’s United front policy. On October 4, 1939, Comrade Mao Zedong summed up the United front as one of the three magic weapons for the Party to defeat the enemy in the China Revolution in his "Introduction to communist party People". In November, 2021, the Central Committee of the Communist Party of China’s Resolution on the Great Achievements and Historical Experience of the Party’s Centennial Struggle adopted by the Sixth Plenary Session of the 19th CPC Central Committee took "upholding the United front" as a historical experience of the Party’s Centennial Struggle. In October 2022, General Secretary of the Supreme Leader further emphasized in the Party’s Report to the 20th CPC National Congress: "The United front is a powerful magic weapon to unite people and gather strength."

　　The multi-party cooperation and political consultation system led by the Communist Party of China (CPC), as a basic political system in China, is a great political creation of the people of the Communist Party of China (CPC) and China, democratic parties and personages without party affiliation, and it is a new political party system grown from the soil of China. For a long time, the democratic parties and the Communist Party of China (CPC) have coexisted for a long time, supervised each other, treated each other with sincerity, shared weal and woe, performed the function of democratic supervision, and made important contributions to helping the Communist Party of China (CPC) make scientific, democratic and legal decisions. The picture shows that on March 5, 2023, the first session of the 14th Chinese People’s Political Consultative Conference held a press conference for the leaders of the Democratic Party Central Committee and the All-China Federation of Industry and Commerce in the Great Hall of the People. Xinhua News Agency reporter Can Cao/photo

　　In the new era, the CPC Central Committee with the Supreme Leader as the core has made overall arrangements for the United front work from the strategic height of governing the country. Under the guidance of the important thought of the Supreme Leader General Secretary on doing a good job in the party’s United front work in the new era, the United front work has made historic achievements, and the United front has shown a good situation of unity, forge ahead, pioneering and active.

　　"Now, the United front work is not outdated and unimportant, but more important." In this important article, the General Secretary of the Supreme Leader raised the flag with firm and powerful words. "The United front is an important magic weapon for the party to defeat the enemy, govern and rejuvenate the country, and unite all Chinese people at home and abroad to realize the great rejuvenation of the Chinese nation. It must be adhered to for a long time"; It is clearly emphasized that "the historical position of the party, the internal and external situation it faces, and the mission and tasks it shoulders have undergone some major changes. The greater the change, the more it is necessary to develop the United front and carry out the United front work well."

　　"We must solve the problems of people’s heart and strength"

　　"People’s hearts turn to the back, power contrast is the key to the success or failure of the cause of the party and the people, and it is the biggest politics. The essential requirement of United front work is great unity and unity, which solves the problem of people’s heart and strength. "

　　The United front is born of unity and thrives on unity. The Party always adheres to great unity and unity, unites all forces that can be United, mobilizes all positive factors that can be mobilized, promotes the harmony of political party relations, ethnic relations, religious relations, class relations and compatriots at home and abroad, and maximizes the strength of common struggle. Today, China has formed a broad patriotic united front led by the Communist Party of China (CPC) and attended by all democratic parties and people’s organizations, including all socialist workers, builders of socialist cause, patriots who support socialism, patriots who support the reunification of the motherland and patriots who are committed to the great rejuvenation of the Chinese nation.

　　在这篇重要文章中，最高领袖总书记深刻阐明“必须解决好人心和力量问题”的重大意义，明确提出“这是党治国理政必须下大气力解决好的重大问题”。要把握好固守圆心和扩大共识的关系，把握好潜绩和显绩的关系，把握好原则性和灵活性的关系，把握好团结和斗争的关系，努力形成牢不可破的真团结，推动党的统战事业行稳致远。

　　“必须正确处理一致性和多样性关系”

　　“新的征程上，我们必须坚持大团结大联合，坚持一致性和多样性统一”。2021年7月1日，天安门城楼上，站在“两个一百年”的历史交汇点，最高领袖总书记发出号召。

　　统一战线是一致性和多样性的统一体。只有一致性、没有多样性，或者只有多样性、没有一致性，都不能建立和发展统一战线。正确处理一致性和多样性关系，奠定了统一战线建立、发展和巩固的重要基础，决定了统战工作的全部内容，是统一战线理论创新与实践发展的重要基石。一部统战史，就是一部形成、巩固、发展一致性，尊重、包容、引导多样性的历史，处理一致性和多样性是各个历史时期统战工作的主线。

　　The new era and new journey put forward new and higher requirements for the United front work to correctly handle the relationship between consistency and diversity. General Secretary of the Supreme Leader made a series of important expositions and profoundly expounded this important issue. On May 18, 2015, at the Central United Front Work Conference, it was emphasized that to do a good job in United Front Work under the new situation, we must correctly handle the relationship between consistency and diversity and constantly consolidate the common ideological and political foundation; On September 20, 2019, at the working meeting of the Central Committee of the Chinese People’s Political Consultative Conference and the celebration of the 70th anniversary of the founding of the China People’s Political Consultative Conference, it was emphasized that the CPPCC should play the role of United front organization, adhere to great unity and unity, and adhere to consistency and diversity.

　　In this important article, General Secretary of the Supreme Leader further emphasized that to correctly handle the relationship between consistency and diversity, "the key is to persist in seeking common ground while reserving differences and carry forward ‘ Unity — Criticism — Unity ’ The fine tradition of seeking consistency in respecting diversity, finding the greatest common denominator and drawing the greatest concentric circle. "

　　"We must persist in developing and perfecting the new political party system in China"

　　"The multi-party cooperation and political consultation system led by the Communist Party of China (CPC), as a basic political system in China, is a great political creation of the people of the Communist Party of China (CPC) and China, democratic parties and personages without party affiliation, and a new political party system that grew out of the soil of China."

　　On March 4, 2018, General Secretary of the Supreme Leader delivered an important speech when attending the joint meeting of the members of the 13th session of Chinese People’s Political Consultative Conference, incisively expounding the unique advantages and distinctive features of the new political party system in China, and profoundly revealing the essential differences between China’s political party system of "communist party’s leadership, multi-party cooperation, communist party’s governance and multi-party participation in politics" and the western multi-party system and two-party system.

　　The new political party system in China has developed in the great process of socialist revolution, construction and reform. After the founding of New China, the Communist Party of China (CPC) put forward the policy of "long-term coexistence and mutual supervision", and then further developed it into the policy of "long-term coexistence, mutual supervision, treating each other with all sincerity and sharing weal and woe", which established the long-term existence and development pattern of the new political party system in China. In 1993, "the system of multi-party cooperation and political consultation led by the Communist Party of China (CPC) will exist and develop for a long time" was written into the Constitution. In 2005, the Central Committee of the Communist Party of China formulated opinions on further strengthening the construction of multi-party cooperation and political consultation system under the leadership of the Communist Party of China (CPC), and in 2006 formulated opinions on strengthening the work of the CPPCC. The new political party system in China has been maturing, stereotyped and innovated.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has vigorously promoted the theoretical, policy and practical innovation of multi-party cooperation, strengthened the overall leadership of multi-party cooperation, and promoted the construction of multi-party cooperation system. Practice has proved that the new political party system in China is a basic political system conducive to national development, national rejuvenation, social progress and people’s happiness.

　　In this important article, the Supreme Leader General Secretary put forward two requirements on "we must persist in developing and perfecting the new political party system in China". First, "the United front must adhere to the leadership of the Communist Party of China (CPC), and at the same time promote multi-party cooperation to show a new atmosphere, achieve new improvement in ideological consensus, and perform their duties and responsibilities to show new achievements." Second, "all democratic parties should be good advisers, helpers and colleagues of the Communist Party of China (CPC), and strive to become Socialism with Chinese characteristics’s participating parties with firm politics, solid organization, strong performance, excellent work style and sound system".

　　"It is necessary to build a strong sense of the Chinese national community as the main line of the party’s national work"

　　"It is necessary to fully implement the Party’s 20th National Congress, accurately grasp the new stage features of the Party’s ethnic work, take building a strong sense of the Chinese nation community as the main line of the Party’s ethnic work and all work in ethnic areas, and constantly strengthen and improve the Party’s ethnic work".

　　On October 23, 2023, the third phase of the experience project of the China National Community Experience Hall was held in Beijing, and the Guangxi Experience Zone made a wonderful appearance. People’s picture Huang Yun/photo

　　On the afternoon of October 27th, 2023, General Secretary of the Supreme Leader delivered an important speech when he presided over the ninth collective study of the 20th the Political Bureau of the Central Committee, which clearly emphasized the significance and role of building a strong sense of the Chinese nation community and put forward clear requirements for promoting the high-quality development of the Party’s ethnic work in the new era.

　　National unity is the lifeline of the people of all ethnic groups in China, and the sense of Chinese national community is the foundation of national unity. The formation of the Chinese nation community is the inevitable result of the historical development of the Chinese nation. China’s vast territory is jointly developed by all ethnic groups; The long history is written by all ethnic groups; Brilliant culture is jointly created by all ethnic groups; The great spirit is cultivated by all ethnic groups. Facts fully show that it is the recognition of the Chinese nation community that plays a decisive role in the formation of the Chinese nation, rather than factors such as race, blood, region and religion.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee, with the Supreme Leader as the core, has focused on the new situation and new features faced by ethnic work in the new era, creatively put forward the major thesis of "building a strong sense of the Chinese nation community" and led ethnic work to a new level in innovation and development. In May, 2014, General Secretary of the Supreme Leader clearly put forward a major thesis of "the consciousness of the Chinese nation community" at the second Central Xinjiang Work Forum. In October, 2017, the 19th National Congress of the Communist Party of China officially wrote "Building the Consciousness of the Chinese National Community" into party constitution. In March 2018, a meeting of the 13th National People’s Congress passed a constitutional amendment, and the word "Chinese nation" was written into the fundamental law of the country for the first time.

　　It is the "program" of the party’s national work in the new era to build a strong sense of the Chinese national community, and all work should focus on this. In this important article, the General Secretary of the Supreme Leader clearly demanded: "We must unswervingly follow the correct path of solving ethnic problems with China characteristics, promote the firm recognition of the great motherland, the Chinese nation, Chinese culture, the Communist Party of China (CPC) and Socialism with Chinese characteristics by all ethnic groups, and guide the people of all ethnic groups to firmly establish the community concept of sharing weal and woe, sharing weal and woe, and sharing destiny."

　　"We must adhere to the direction of China religion in China"

　　"Adhere to the direction of China religion in China and actively guide religion to adapt to socialist society".

　　In December 2021, at the National Conference on Religious Work, the General Secretary of the Supreme Leader systematically expounded the new ideas, new concepts and new strategies of religious work in the new era, and made clear the guiding ideology, strategic objectives, key tasks and policy measures for adhering to the direction of China-oriented religion in China and doing a good job in religious work in the new era.

　　Religious work is an overall and strategic work related to the ruling future and destiny of the party. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has attached great importance to religious work, put forward a series of new ideas and new measures on religious work, and answered major theoretical and practical questions such as how to understand religion, how to deal with religious issues and how to do a good job in the Party’s religious work in the new era. The party’s religious work has been innovated and promoted, and positive results have been achieved. The implementation of the Party’s basic policy on religious work has been more comprehensive, the system and mechanism of religious work have been further improved, the legal system and policy framework of religious work have been increasingly improved, religious figures and religious believers have been increasingly aware of respecting the law and abiding by the law, and the China of religion in China has been gradually deepened.

　　It is the trend and law of religion’s survival and development that religion adapts to its society. Both local religions and foreign religions should constantly adapt to the development of our society, enrich the connotation of the times, and promote religious harmony, social harmony and national harmony. In this important article, General Secretary of the Supreme Leader stressed that it is necessary to "fully implement the Party’s theory, principles and policies on religious work in the new era, persist in protecting legality, stopping illegality, containing extremes, resisting infiltration, cracking down on crimes, improving the level of legalization of religious work, supporting the religious circles to strictly manage religion in an all-round way, and actively guiding religion to adapt to socialist society".

　　"We must do a good job in the United front work of non-party intellectuals and people of new social strata"

　　"The work of non-party intellectuals is an important work of the United front."

　　Non-Party intellectuals, as pioneers of productive forces, creators of culture and disseminators of knowledge, are an irreplaceable important force in implementing the strategy of rejuvenating the country through science and education, strengthening the country through talents and driving development through innovation. At present, China’s population with college education or above has exceeded 218 million, about 170 million of whom are outside the party, and the number will continue to increase by several million every year in the future. "The new social stratum is the builder of socialism with Chinese characteristics", which mainly includes management technicians of private enterprises and foreign-invested enterprises, employees of intermediary organizations and social organizations, freelancers, and employees of new media. According to the survey in 2021, its total number is about 91 million. Practice has proved that doing a good job in the United front work of non-party intellectuals and new social strata is related to consolidating the class foundation and mass foundation of the party’s governance.

　　In this important article, the General Secretary of the Supreme Leader put forward the requirement that "to do a good job of non-party intellectuals, full respect is the premise, strengthening guidance is the key, and giving play to its role is the purpose"; For the new social strata, "we should organize them, strengthen guidance and play a role." In the Party’s Report to the 20th CPC National Congress, the General Secretary further demanded: "Strengthen the ideological and political work of non-party intellectuals, do a good job in the work of new social strata, and strengthen the political guidance of common struggle."

　　"We must promote the healthy development of non-public economy and the healthy growth of non-public economic people"

　　"Promoting the healthy development of the non-public economy and the healthy growth of non-public economic people is a major economic issue and a major political issue."

　　China’s non-public economy has developed under the guidance of the Communist Party of China (CPC)’s policies since the reform and opening up, which is an important foundation for stabilizing the economy, an important source of national tax revenue, an important subject of technological innovation, an important support for financial development and an important force for sustained and healthy economic development. Since the 18th National Congress of the Communist Party of China, General Secretary of the Supreme Leader has repeatedly reiterated "two unwavering" and "three unchanged", emphasizing: "unswervingly consolidate and develop the public sector of the economy, and unswervingly encourage, support and guide the development of the non-public sector of the economy"; "The position and role of the non-public sector of the economy in China’s economic and social development have not changed. Our principles and policies of unswervingly encouraging, supporting and guiding the development of the non-public sector of the economy have not changed. Our principles and policies of creating a good environment and providing more opportunities for the development of the non-public sector of the economy have not changed."

　　Both the public-owned economy and the non-public-owned economy are important components of the socialist market economy and an important foundation for China’s economic and social development. The public economy and the non-public economy complement each other and complement each other. Consolidating and developing the public economy well is not antagonistic to encouraging, supporting and guiding the development of the non-public economy, but organically unified. Any view that wants to deny the public ownership economy or the non-public ownership economy is not in the fundamental interests of the overwhelming majority of the people, is not in line with the requirements of China’s reform and development, and is wrong.

　　Private economy is the main economic organization form of non-public economy and the internal element of China’s economic system. Private enterprises and private entrepreneurs are our own people. In this important article, General Secretary of the Supreme Leader once again stressed from a political perspective that "the healthy development of the non-public economy and the healthy growth of non-public economic people must be promoted", and clearly demanded that "the education of ideals and beliefs should be carried out in depth, the pro-Qing political and business relations should be promoted, the high-quality development of the private economy should be promoted, and the non-public economic people should be guided to be qualified builders of Socialism with Chinese characteristics’s cause".

　　"We must give full play to the role of United front work in Hong Kong, Macao and Taiwan and overseas to win people’s hearts."

　　On May 9, 2023, the 10th World Association of Overseas Chinese Associations closed in Beijing. The conference received enthusiastic support and active participation from overseas Chinese, and nearly 500 overseas Chinese delegation leaders from more than 130 countries and regions participated in offline activities.

　　The vast number of compatriots from Hong Kong, Macao and Taiwan and overseas Chinese are Chinese sons and daughters linked by blood. Doing their work well is of great significance to maintaining the long-term prosperity and stability of Hong Kong and Macao, promoting the peaceful development of cross-strait relations, and uniting all Chinese sons and daughters to work together for the great rejuvenation of the Chinese dream. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has inherited and developed our party’s scientific theory on "one country, two systems", which has effectively promoted the practice of "one country, two systems" to be stable and far-reaching. Comprehensively promote the theoretical and practical innovation of Taiwan work, form the overall strategy of the party to solve the Taiwan Province issue in the new era, firmly grasp the leading power and initiative of cross-strait relations, vigorously safeguard peace and stability in the Taiwan Strait, and solidly promote the process of reunification of the motherland; We attach great importance to overseas Chinese affairs and emphasize the close unity of the vast number of overseas Chinese and returned overseas Chinese and their relatives, and give play to their positive role in the great rejuvenation of the Chinese nation.

　　On August 31, 2023, the 11th National Congress of Returned Overseas Chinese and Their Families opened in the Great Hall of the People in Beijing. Xinhua News Agency reporter Xie Huanchi/photo

　　In this important article, the General Secretary of the Supreme Leader put forward clear requirements around "we must give full play to the role of United front work in Hong Kong, Macao and Taiwan and overseas to win people’s hearts". In the field of Hong Kong and Macao, the General Secretary called for "developing and strengthening the forces that love Hong Kong and Macao, enhancing the national consciousness and patriotic spirit of our compatriots in Hong Kong and Macao, maintaining the long-term prosperity and stability of Hong Kong and Macao, and ensuring ‘ One country, two systems ’ Practice is steady and far-reaching "; In the field of Taiwan, the General Secretary called for "implementing the Party’s overall strategy of solving the Taiwan Province issue in the new era, developing and strengthening Taiwan Province’s patriotic unity force, and opposing ‘ Taiwan independence ’ Separatist acts to promote the complete reunification of the motherland "; With regard to overseas United front work and overseas Chinese affairs, the General Secretary called for "actively guiding overseas Chinese and their families who have returned overseas Chinese to devote themselves to the modernization and peaceful reunification of the motherland around the theme of sharing the Chinese dream together".

　　"We must strengthen the construction of non-party representatives"

　　On December 6th, 2023, the Central Committee of the Communist Party of China, Zhongnanhai, Beijing, held a forum for non-party people to listen to the opinions and suggestions of the leaders of the central committees of democratic parties, the All-China Federation of Industry and Commerce and representatives of non-party people on the economic situation in 2023 and economic work in 2024. General Secretary of the Supreme Leader presided over the forum and delivered an important speech.

　　It is our party’s consistent policy to train and use non-party representatives and attach importance to their role in the country’s political and social life. In different historical periods, our party has always regarded uniting and cultivating non-party representatives as an important aspect of the overall work of the party and the state and an important political advantage in governing the country from a strategic height that determines the balance of power and affects the success or failure of the cause.

　　Since the 18th National Congress of the Communist Party of China, General Secretary of the Supreme Leader has repeatedly stressed: "We should intensify the training, selection and use of non-party representatives, and strive to cultivate a team of non-party representatives who consciously accept the Communist Party of China (CPC)’s leadership, unswervingly follow the Socialism with Chinese characteristics road, and have strong representativeness and the ability to participate in and discuss state affairs." A series of new ideas, new ideas and new strategies put forward by the General Secretary have scientifically answered the important strategic question of "What kind of non-party representatives our party needs in the new era and how to cultivate such a team of non-party representatives", which has provided direction guidance and fundamental follow-up for promoting the construction of non-party representatives in the new era.

　　Talent growth depends on both individual efforts and organizational training. In this important article, General Secretary of the Supreme Leader emphasized: "It is necessary to strengthen training, improve quality, use it scientifically and play its role, and strive to train a group of non-party representatives who work closely with our party."

　　"We must grasp the law of doing a good job in United front work"

　　To do a good job in the United front work under the new situation, we must grasp the laws, adhere to the principles, pay attention to the methods, and the most fundamental thing is to uphold the leadership of the party. In the United front work, the policies and measures adopted should be conducive to upholding and consolidating the party’s leading position and ruling position. At the same time, we should also see that the United front work is the party’s special mass work, and there must be special ways and means.

　　In this important article, the General Secretary of the Supreme Leader focused on grasping the law of doing a good job in United front work, emphasizing that "it is necessary to strengthen unity and contact with non-party people, adhere to the principle of respecting, safeguarding and taking care of the interests of allies, treat them with sincerity, move them with emotion, understand them with reason, and help them with reality, so as to truly win the respect and recognition of non-party people and make a large number of non-party friends for the party."

　　In a sense, whether the United front work is done well depends on how many friends you have made, whether you are qualified or not, and whether you are iron enough. Make a wide range of friends, the more friends, the better, especially some close friends who can speak their minds. We should make friends with the patience of making kung fu dishes like the Buddha jumping over the wall, make more contacts, have more heart-to-heart talks, pay attention to respect and sincerity, and realize real communication, in-depth understanding and emotional integration. It is necessary to unblock the channels of interest expression, communicate with non-party people often, do more practical things, do good things and solve problems for them, and truly win the respect and recognition of non-party people.

　　"We must strengthen the Party’s overall leadership over the United Front work"

　　"Strengthen the party’s centralized and unified leadership over the United front work, ensure that the party takes the overall situation and coordinates all parties in the United front work, and ensure that the United front work always advances in the correct political direction."

　　On December 21st, 2020, the Central Committee of the Communist Party of China issued the revised Regulations on United Front Work in the Communist Party of China (CPC). The outstanding feature of the revised "Regulations" is that it runs through the party’s centralized and unified leadership over the United front work, regards upholding the Communist Party of China (CPC)’s leadership as the primary principle of the United front work, and clarifies the party’s leading position in commanding the overall situation and coordinating all parties in the United front work.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has made strategic arrangements for the work of the United front in various fields, which has effectively strengthened the Party’s overall leadership over the United front work, and the pattern of the great United front work jointly done by all parties has gradually taken shape. In 2015, the Central Leading Group for United Front Work was established, and then local party committees at all levels set up leading groups for United Front Work accordingly, which further promoted party committees at all levels to fulfill their main responsibilities for United Front Work from the organizational structure. In the reform of the party and state institutions in 2018, the CPC Central Committee made it clear that the United Front Work Department of the Central Committee led the State Ethnic Affairs Commission, managed religious work and overseas Chinese affairs, merged the State Bureau of Religious Affairs and the Overseas Chinese Affairs Office of the State Council into the Central United Front Work Department, and kept the State Bureau of Religious Affairs and the Overseas Chinese Affairs Office of the State Council. Overseas Chinese affairs departments of all provinces (autonomous regions and municipalities) are basically incorporated into the United Front Work Department of the Party Committee at the same level, and ethnic and religious work departments are uniformly led by the United Front Work Department of the Party Committee at the same level. These major measures have further strengthened the centralized and unified leadership of the CPC Central Committee over the United front work.

　　The historic achievement of the United front work in the new era lies in the fact that the General Secretary of the Supreme Leader is the core of the CPC Central Committee and the whole party at the helm, and in the important ideological and scientific guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, especially the General Secretary of the Supreme Leader on doing a good job in the United front work of the Party in the new era. In this important article, the General Secretary of the Supreme Leader clearly emphasized: "The United front is the United front led by the party, and it is necessary to ensure the party’s overall leadership over the United front work. The United front work is the work of the whole party. It must be paid attention to by the whole party and done by everyone together, and a great United front work pattern with unified leadership by the Party Committee, coordination by the United front department and responsibilities of relevant parties should be built. "

　　"the deeper you know, the more you can do." General Secretary Supreme Leader’s important thought on doing a good job in the party’s United front work in the new era is strategically located, profound and rich in connotation. It is an organic whole with strict logic and internal unity and a systematic and complete theoretical system. We should deeply understand the decisive significance of the "two establishment", strengthen the "four consciousnesses", strengthen the "four self-confidences" and achieve the "two maintenance", combine the in-depth study and implementation of this important thought with the in-depth study and implementation of the spirit of the 20th Party Congress and the latest important speech and important instructions of the General Secretary, solidly promote the work of the United front in all fields, and gather great strength for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization.

CCTV News:Let’s look at the series of reports of "High-quality Development Research Bank". If basic research is a breakthrough from 0 to 1, then the industrialization of scientific research results is a leap from 1 to 10. In the process of high-quality development, it is very important to realize this leap. Facing the gap between scientific research and industry, Shanghai, which has strong scientific research strength, is looking for a way to solve it. Recently, Pudong New Area has released a list of the supply and demand sides of scientific research transformation. What’s the effect? Let’s watch the reporter’s investigation together.

When the reporter came to Shanghai Pudong New Area Science and Technology Commission, the staff were busy sorting out the latest docking situation. A few months ago, they launched a public service platform to collect technology and innovation needs for the whole society. Unexpectedly, more than 120 items were collected soon.

Enterprises need core technology, but they can’t find innovative resources. Scientific research institutions have innovative achievements, but they don’t know how to transform them. Even Shanghai, the "capital of innovation", is facing this practical problem. The heads of some scientific research institutions frankly told reporters that the crux of the problem lies in the imbalance between supply and demand of innovative resources.

How to get through the blocking point and cross the gap from academic to industrial? Shanghai established the Achievement Transformation Center of China Academy of Engineering, opened large scientific facilities to large enterprises, and built embedded innovation spaces in science and technology zones such as Lingang and Zhangjiang, which awakened a large number of sleeping scientific research resources.

In order to help enterprises accurately find the source of innovation, at the beginning of this year, Pudong New Area publicly collected the demand for scientific and technological innovation for enterprises in the fields of information technology, biomedicine and artificial intelligence for the first time, formed a "list" of scientific research projects, published it on public platforms, and docked the corresponding enterprises or research institutes by "revealing the list".

A platform to build a bridge of "two-way going"

In just a few months, seven major scientific research projects have been achieved, and the role played by this "list" cannot be underestimated. So, what is the current progress of the first batch of projects? What is the story behind their "two-way trip"? Continue to look at the reporter’s investigation.

This docking is undertaken by the Yangtze River Delta National Technology Innovation Center. When the reporter came to the China Innovation Center, he was catching up with the first batch of projects in-depth docking, and talked about topics such as joint research and talent training. The two sides talked endlessly.

Yang Weizhong is the head of a chemical fiber manufacturing enterprise. Because a key technology has not been solved, his industrial renewal has been stagnant. This time, he issued a scientific research demand with a try attitude. I didn’t expect to get a response from a professional research institute in Jiangsu three days later, and the scientific research results that the other party had painstakingly studied for more than a year also had a place to use.

Guochuang Center is a national scientific research and innovation platform with rich innovation resources. Here, the reporter saw many industrialization achievements. However, the relevant person in charge told reporters with regret that many scientific research results are still idle on the bookshelf.

The transformation from technology to industry requires deep cooperation and repeated polishing between scientific research institutes and enterprises. This process is long and trivial. Without a good cooperation mechanism, it often fails on the way. As an important platform for Industry-University-Research’s integration in the Yangtze River Delta region, the Innovation Center is building a variety of new R&D carriers to help scientific research institutions, enterprises and even the government adopt various modes of cooperation.

Cross-border integration to create a "tropical rainforest" innovative ecology

From the reporter’s investigation, we can easily see that once the supply and demand of scientific research and industry are blocked, it will stimulate new impetus and even produce new industries and tracks. It is precisely because of this that Shanghai Pudong is accelerating cross-border integration, creating a "tropical rain forest"-style innovative ecology and accelerating the layout of future industries such as artificial intelligence.

In Shanghai Institute of Advanced Studies, Zhejiang University, a research on new drugs is under way. Different from the traditional cytological research, researchers use artificial intelligence technology to analyze the protein structure of bacteria. Team members come from computer, physics, biology and other disciplines. Interdisciplinary research like this has been widely carried out in many fields.

Relying on the interdisciplinary research platform based on computing, Shanghai Pudong is laying out the artificial intelligence industry, and through the opening of innovation centers by large enterprises, it will form a collaborative innovation ecology in which large, medium and small enterprises are United and Industry-University-Research is integrated, so as to accelerate the transformation of scientific research into technology and empower thousands of industries.

Not long ago, Pudong also opened the intelligent networked automobile test demonstration zone to the society.

CCTV reporter:The road around me is the first open test road for self-driving cars in the central city of a megacity in China. At the scene, we saw that intelligent networked cars were tested on the road from time to time. This road is equipped with complex road conditions and multiple traffic lights, which can meet the application of multiple scenarios including intelligent driving and intelligent parking.

In the subsequent experience, the reporter learned that this section of road can not only meet the technical test requirements, but also be standardized in terms of road rights and driving rules, and constantly meet the needs of industrial innovation and application.

In addition to "future cars", Pudong also takes six hard-core industries such as "innovative drugs", "China Core", "intelligent manufacturing", "blue sky dream" and "data port" as the main direction in the future, and accelerates the promotion of all these key industries to the scale of "100 billion".

Villi, Director of Science, Technology and Economic Committee of Pudong New Area:Give full play to the strategic role of scientific and technological innovation, build a innovation chain from basic research, technical research to the transformation and application of achievements, lay out new tracks around five areas, such as future information, future health, future intelligence, future energy and future space, cultivate future industrial clusters and promote high-quality economic development.

Try first, break the ice. Strong scientific research strength has given Shanghai Pudong a foundation from 0 to 1. Nowadays, as a leading area of socialist modernization, it is accelerating the deep integration of innovation chain and industrial chain, and striving to cross the gap from 1 to 10. We have reason to believe that with the continuous improvement of innovation ecology, Pudong will achieve a continuous breakthrough from 10 to 100 in the future.